SpaceX announces inaugural bond issuance
The company plans to use proceeds to repay bridge loan and for general corporate purposes.
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Aerospace manufacturer and orbital launch services provider
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In short: SpaceX debuted as a public company with a record-breaking $85.7 billion IPO and moved to expand its AI capabilities through a major acquisition.
The company plans to use proceeds to repay bridge loan and for general corporate purposes.
The offering closed June 15, 2026 with 638,888,888 shares, including the 83,333,333 overallotment, raising about $85.7 billion and listing Class A shares as SPCX.
The offering includes 555,555,555 shares at $135 each, with a listing on Nasdaq under SPCX.
The two-year mission will explore beyond Earth-Moon system, fly by Mars, and return to Earth.
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