SpaceX seeks $20 billion bond sale after shares slide (opens in new tab)

SpaceX’s bankers are preparing to meet investors as soon as next week to discuss a bond offering of at least $20 billion, shortly after the company completed a record stock-market debut. The proceeds would refinance a $20 billion bridge loan due in September 2027, while SpaceX’s long-term debt stood at about $29.1 billion at the end of March. The debt plan follows a two-day decline in SpaceX shares after a rapid post-IPO rally. The stock closed Thursday at about $185, down 3.56%, after fallin...