Following its record-breaking US initial public offering (IPO) that raised US$75 billion, SpaceX has embarked on its inaugural investment-grade bond issuance. This move is anticipated to pave the way for substantial borrowing to fuel its strategic expansion in the artificial intelligence (AI) sector. According to informed sources, leading financial institutions including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley—which have previously provided SpaceX with short-term bridge financing—organized a conference call with investors on Monday. The sources further revealed that the bond issuance is slated to commence shortly thereafter, with bond maturities spanning from 5 to 30 years.
