SpaceX has drawn roughly $89 billion in investor interest for its debut high-grade bond sale in the United States. The firm intends to raise between $20 billion and $25 billion to repay an existing loan and support general business expenses. The robust demand signals market confidence in the company’s direction, although it expects significant cash outflows over the next several years.

Credit:
https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-spacex-draws-89-billion-demand-for-debut-high-grade-bond-sale/articleshow/131944303.cms
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