SpaceX raises 25B in bonds on record demand

SpaceX has launched a bond offering worth at least $25 billion, as part of its efforts to bolster funding for expansions in artificial intelligence and energy infrastructure. The offering attracted purchase requests totaling around $85 billion. This move follows investment-grade credit ratings from rating agencies and the company’s strategy to build a specialized division that combines rockets and satellites, along with investments in data centers, to support its alliances in the artificial intelligence market. This step serves as a test of the company's ability to secure financing and convert its substantial investments into stable cash flows.

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