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SpaceX's $25 billion bond sale drives huge demand - and a potential headache for investors
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- Space X's $25 billion foray into debt markets appeared to be well received by bond markets last week, with huge demand for the offering.
- The group tapped debt markets on June 22, announcing a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion, which was then increased to $25 billion.
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Space X's $25 billion foray into debt markets appeared to be well received by bond markets last week, with huge demand for the offering.
But one of the biggest-ever AI bond issuances, less than two weeks after Space X's IPO, has highlighted the group's intense financing needs, capital spending plans and future refinancing obligations — and posed a diversification challenge for investors.
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