SpaceX taps the bond market for the first time to fund AI (opens in new tab)

Covers SpaceX makes bond sale days after record IPO, discloses over $100 billion cash pile

Fresh from a record IPO that helped make Elon Musk a trillionaire, SpaceX is raising at least $20bn in its debut bond sale to bankroll a vast AI build-out. SpaceX is about to do something none of Elon Musk’s companies has done before. It is borrowing money from public bond investors. On Monday the rocket […] at The Next Web

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