20:44 - 22.06.2026
June 22, Fineko/abc.az. Fresh off its record-breaking $75 billion initial public offering (IPO), Elon Musk’s rocket, satellite, and AI venture, SpaceX, is launching a major corporate debt offensive. For the first time in its corporate history, the company is preparing to market investment-grade bonds to global capital desks.
According to ABC.AZ, citing analytical updates from Bloomberg, a tier-one banking consortium comprising Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley has initiated formal investor roadshows. The upcoming multi-tranche bond issuance is projected to feature maturities ranging from 5 to 30 years.
Core Corporate and Credit Vectors:
Refinancing the $20 Billion Bridge: SpaceX is aiming to secure at least $20 billion via these new credit lines. The proceeds are earmarked to refinance existing high-yield bridge loans, which currently represent the bulk of the company’s $29,1 billion total long-term debt matrix. Having recently secured solid "BBB" credit scores from the big three rating agencies, SpaceX can now command significantly tighter yield spreads, minimizing its borrowing costs.
Trillionaire Milestone and Cash Reserves: The blockbusting public listing has secured SpaceX’s position as one of the most valuable publicly traded enterprises globally, while officially minting Elon Musk as the world’s first trillionaire. According to regulatory disclosures dated June 19, 2026, SpaceX boasts an incredibly liquid balance sheet, holding approximately $101 billion in cash and cash equivalents.
22 June 2026