SpaceX pitches investors juicy yields in $25bn bond deal
SpaceX raises $25bn in debt sale after IPO.
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Summary
SpaceX raises $25bn in debt sale after IPO. SpaceX's Starlink satellite internet business is its only profitable segment to date. Price talk on the longest-dated tranche, which matures in 2056, tightened by about a quarter of a percentage point to 1.75 percentage points above Treasuries.
Furthermore, The scale of demand echoes the IPO itself, where individual investors placed orders exceeding $10 billion. The offering is set to close on Friday and help SpaceX pay off its existing debt.
Cross-referenced from 9 sources.
Factual coreconfirmed by several independent voices
SpaceX raises $25bn in debt sale after IPO.
reliability moderate2/6 sourcesSpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.
reliability low1/2 sources
Reported detailssecondary facts, each attributed to its source
SpaceX's Starlink satellite internet business is its only profitable segment to date.
according to Tech in AsiaPrice talk on the longest-dated tranche, which matures in 2056, tightened by about a quarter of a percentage point to 1.75 percentage points above Treasuries.
according to The Next WebThe scale of demand echoes the IPO itself, where individual investors placed orders exceeding $10 billion.
according to The Next WebThe offering is set to close on Friday and help SpaceX pay off its existing debt
according to MarketWatch +1
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SpaceX raised $25 billion in a debt sale, after seeing nearly $90 billion worth of orders, sources say.
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Story timelinehow this story developed, day by day
Tuesday, June 23
SpaceX extends losses after $600 billion wipeout, tech stocks slide again
Reliability 73 · high7 sources5 independent voices4 countries · 2 languagesblind spot · Right siderewrites detectedSpaceX Stock Price Is Slumping After Its Blockbuster IPO
Reliability 75 · high6 sources4 independent voices2 countries · 1 languagesCross-blocblind spot · Left siderewrites detectedSpaceX succumbs to gravity as the stock briefly dips below its debut price on Nasdaq
Reliability 72 · high7 sources3 independent voices4 countries · 1 languagesCross-blocrewrites detected
Monday, June 22
- 13 h ago
ASX set to rise, SpaceX slumps on Wall Street; Oil prices fall
Reliability 88 · very high22 sources10 independent voices10 countries · 4 languagesrewrites detected - 15 h ago
SpaceX sheds $400bn in market value as debut rally hits reverse
Reliability 78 · high15 sources10 independent voices7 countries · 4 languagesdisputedblind spot · Left siderewrites detected SpaceX conducts bond sale days after record IPO, discloses over $100 billion cash reserve
Reliability 67 · high7 sources7 independent voices4 countries · 1 languagesblind spot · Right side
Friday, June 19
- 14 h ago
SpaceX shares fall as post-IPO frenzy loses momentum
Reliability 61 · high8 sources4 independent voices4 countries · 1 languagesblind spot · Right siderewrites detected
Thursday, June 18
SpaceX options volume explodes as trading kicks off.
Reliability 100 · very high8 sources6 independent voicesblind spot · Right siderewrites detectedThe average SpaceX buyer post-IPO is almost underwater after two-day decline
Reliability 73 · high7 sources5 independent voicesblind spot · Left siderewrites detected- 6 h ago
SpaceX plans $20 billion bond deal after record IPO
Reliability 77 · high7 sources4 independent voicesblind spot · Left siderewrites detected