SpaceX is planning a $20bn bond deal following its record $86bn IPO, according to the Financial Times. The move signals the company's aggressive pursuit of capital to fund its ambitious space and AI projects.
The bond offering comes just weeks after the Elon Musk-led firm raised $86bn in its stock market debut, the largest in history. It reflects growing investor appetite for high-growth technology companies with exposure to both artificial intelligence and space exploration.
SpaceX is also pushing back against a European Union proposal to reserve part of a satellite spectrum band for European operators. The company warned the plan risks undermining connectivity in Ukraine, where its Starlink terminals have been critical for military communications.
The dual developments underscore the company's expanding financial and geopolitical footprint. In Europe, regulators have raised concerns about Musk's influence over satellite communications, particularly as the conflict in Ukraine continues.
The $20bn figure, reported by the Financial Times, could not be independently verified by other sources. This brief relies on a single source for that specific number.