SpaceX raises $25 billion in notes to refinance debt and fuel AI expansion
SpaceX, led by Elon Musk, launched a five-tranche notes offering on Tuesday to raise at least $25 billion for debt repayment and AI expansion. The offering, SpaceX's first investment-grade dollar bond issuance, has attracted nearly $85 billion in orders, highlighting strong investor confidence. This funding will support SpaceX's costly AI plans, which include significant investments in data centers, computing hardware, and power infrastructure.