Walter BloombergFinance

SPACEX BOND SALE DRAWS MASSIVE DEMAND SpaceX attracted roughly $89 billion of orders for its first investment-grade bond sale, one of the l…

SPACEX BOND SALE DRAWS MASSIVE DEMAND SpaceX attracted roughly $89 billion of orders for its first investment-grade bond sale, one of the largest demand levels seen in the U.S. bond market this year. The company aims to raise $20 billion to $25 billion to refinance debt and fund operations. The strong response highlights investor confidence in Elon Musk's growth strategy despite expectations of significant cash burn ahead.
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