SpaceX launches bond sales for $20B

SpaceX has launched its first bond offering exceeding $20 billion, aimed at financing its expansion investments in artificial intelligence and digital infrastructure. This move comes after its successful initial public offering valued at $75 billion and an investment-grade credit rating. The company intends to refinance a large temporary loan from its long-term debts totaling $29.1 billion, relying on debt markets rather than issuing new shares.

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