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From IPO boom to bond debut: Elon Musk's SpaceX seeks funds for AI and starship
The Times of India
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SpaceX is tapping the bond market for the first time, seeking funds for its ambitious AI and next-gen space tech projects, even as it boasts over $100 billion in cash.
This move allows capital raising without diluting shareholder control.
The announcement comes amid a significant drop in SpaceX shares post-IPO, which nonetheless propelled Elon Musk to trillionaire status.
The company's expansion into AI and Starship development is driving substantial investment. ...
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