After completing its IPO, SpaceX announced its first bond issuance of at least $20 billion to repay the $20 billion bridge loan obtained from the banking sector earlier this year, which was primarily used to settle debts remaining from the acquisitions of xAI and the X platform. Any excess funds raised will be used for general corporate purposes. Prior to this bond issuance, SpaceX had already secured investment-grade ratings such as Baa1 from Moody's and BBB from S&P.
