SpaceX launches five-tranche bond sale to fund costly AI buildout
SpaceX has initiated a five-tranche senior unsecured notes offering targeting at least $25 billion to finance its capital-intensive artificial intelligence expansion. The debt sale - the company’s first investment-grade dollar bond issuance - includes maturities of 5, 7, 10, 20 and 30 years and has attracted substantial demand, according to a sourc…