datastreet.in

Musk’s SpaceX adds billions in debt while cutting interest

Elon Musk’s SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while lowering annual interest costs. This strategic financial maneuver leverages SpaceX’s strong revenue streams from Starlink and government contracts to support the ambitious, cash-burning AI ventures.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *