Don't worry though. They're putting together a $20 billion "bond offering"
All the money from the IPO was used to pay off xAI debt and buy fucking Cursor
https://www.reuters.com/business/media-telecom/spacex-bankers-prepare-bond-sale-least-20-billion-bloomberg-news-reports-2026-06-18/
All the money from the IPO was used to pay off xAI debt and buy fucking Cursor
https://www.reuters.com/business/media-telecom/spacex-bankers-prepare-bond-sale-least-20-billion-bloomberg-news-reports-2026-06-18/
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Also oops that $20 Billion will be used to...
...Pay down a bridge loan!
...Pay down a bridge loan!
Proceeds from the debt offering would refinance a $20 billion bridge loan that SpaceX took out earlier this year, after acquiring Musk's AI startup xAI in February.👍3🌚1