Musk’S Spacex Adds Billions In Debt While Cutting Interest

SpaceX Secures $25 Billion in Bonds, Reduces Interest Costs

Elon Musk's SpaceX has made a significant financial move by issuing $25 billion in investment-grade bonds. This initiative not only consolidates debt from its ventures, X and xAI, but also effectively lowers annual interest expenses. By capitalizing on its robust revenue from Starlink and various government contracts, SpaceX aims to sustain its high-cost AI projects.