SpaceX Taps Bond Market to Raise $20 Billion Ahead of Potential IPO

SpaceX, Elon Musk's space company, made its debut on the debt capital markets by announcing a bond offering of up to $20 billion. The move comes amid ongoing speculation about a potential initial public offering, though no specific IPO timeline has been announced. The proceeds are expected to fund the expansion of the Starlink network, next-generation Starship development, and other ambitious initiatives. Entering the bond market allows SpaceX to secure large-scale financing without diluting existing shareholders. Notably, SpaceX shares became available for trading on the Kazakhstan Stock Exchange from June 23 under the ticker SPCX_KZ in the KASE Global sector.