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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks: SpaceX draws $89 billion demand for debut high-grade bond sale

As reported by Markets-Economic Times
SpaceX is witnessing immense investor interest, with demand reaching approximately $89 billion for its inaugural US bond sale. The company, led by Elon Musk, aims to raise between $20 billion and $25 billion to refinance a loan and cover corporate costs. This significant demand highlights investor confidence in Musk's vision, even as SpaceX anticipates substantial cash expenditure in the coming years.
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SpaceX's inaugural US bond sale has generated immense investor interest, with demand reaching approximately $89 billion. Elon Musk's company aims to raise between $20 billion and $25 billion to refinance existing loans and cover corporate expenses. This strong demand signals…

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