US Stocks: Spacex Launches Debt Sale To Raise Capital, Reports $100.8 Billion In Cash

SpaceX's Bold Move: Debt Sale and Cash Reserves of $100.8 Billion

SpaceX is back in the headlines with a new debt offering aimed at raising capital, while also disclosing an impressive cash reserve of $100.8 billion. This substantial financial cushion indicates that the aerospace giant is well-prepared to pursue its ambitious projects, such as the continued development of the Starship and the expansion of its Starlink satellite internet service.