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SpaceX Bankers Prepare for Bond Sale of at Least $20 Billion

SpaceX is organizing a potential bond offering of at least $20 billion following its record IPO. The company intends to use the proceeds to refinance a bridge loan maturing in September 2027. This move aims to fund Starship and Starlink projects while maintaining Elon Musk's voting control.

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SpaceX is now preparing investor calls for a potential $20 billion bond sale to refinance debt.

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  1. SpaceX Bankers Prepare for Bond Sale of at Least $20 Billion

    SpaceX is organizing a potential bond offering of at least $20 billion following its record IPO. The company intends to use the proceeds to refinance a bridge loan maturing in September 2027. This move aims to fund Starship and Starlink projects while maintaining Elon Musk's voting control.

    What's confirmed:

    • SpaceX bankers are preparing for a bond sale of at least $20 billion.
    • The company recently completed a record IPO.
    • Top agencies have given SpaceX investment-grade ratings with a stable outlook.

    Still unconfirmed:

    • The offering aims to fund Starship and Starlink without diluting Elon Musk's 80% voting control.
    confidence 90%