SpaceX stock slips again as it announces $25 billion bond offering
Key takeaways
- Per a statement Tuesday night, the company announced pricing for a $25 billion bond issuance.
- Reports suggested that SpaceX originally tried to raise $20 billion, but demand for the notes was so great that the company upsized the offering to $25 billion.
- SpaceX said it will use the money mainly to pay off a bridge loan it had taken out, cover the deal s fees, and keep whatever is left for general purposes.
Space X stock slips again as it announces $25 billion bond offering Pras Subramanian · Senior Reporter Wed, June 24, 2026 at 8:57 PM GMT+7 2 min read Space X (SPCX) stock is in focus on Wednesday after the company completed a successful debt offering.
Per a statement Tuesday night, the company announced pricing for a $25 billion bond issuance. The offering will be spread across five tranches of senior notes maturing between 2031 and 2056, with interest rates rising from 5.35% on the shortest to 6.65% on the longest.
Reports suggested that SpaceX originally tried to raise $20 billion, but demand for the notes was so great that the company upsized the offering to $25 billion. CNBC reported SpaceX saw nearly $90 billion worth of orders for the debt offering.