Wire flash
FinanceSpaceX launches bond sale days after record IPO
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
SpaceX announced an inaugural senior unsecured notes offering on June 22, 2026, days after its blockbuster initial public offering (IPO) that raised nearly $86 billion and made Elon Musk the world's first trillionaire. The company disclosed about $100.8 billion in cash. Proceeds from the bond sale, reportedly aimed at raising about $20 billion, will be used to pay off bridge financing and for general corporate purposes, including funding an ambitious artificial intelligence and data center buildout plan, with eventual plans for data centers in space. SpaceX's market value briefly surpassed Amazon after its June 12 IPO, leapfrogging Broadcom, Meta, and Tesla.
Source report
SpaceX employees celebrate the market close of the SpaceX initial public offering (IPO) at the Nasdaq Marketsite on June 12, 2026, in New York City. Credit: Spencer Platt | Getty Images
Key Highlights
- SpaceX launched an inaugural bond sale days after its blockbuster IPO
- Proceeds will go toward paying off bridge financing and other general purpose needs
- The company is in the middle of an ambitious artificial intelligence and data center buildout plan
Bond Offering Details
SpaceX on Monday announced a senior unsecured notes offering and disclosed approximately $100.8 billion in cash.
The space and artificial intelligence company plans to use the proceeds to pay off bridge financing and cover other general purpose needs.
Context and Timing
SpaceX's inaugural bond offering comes days after the company's blockbuster initial public offering, which made Elon Musk the world's first trillionaire. The IPO raised nearly $86 billion after underwriters exercised the "greenshoe" allotment.
Since the company's June 12 IPO, shares have surged, briefly pushing SpaceX's market value past Amazon. The company has already overtaken Broadcom, Meta Platforms, and Musk's Tesla.
Late last week, reports emerged that SpaceX was preparing to meet with investors this week regarding a bond offering aimed at raising approximately $20 billion.
AI Expansion Plans
The company is looking to fund its sweeping AI plans, which include eventually building data centers in space.
watch now VIDEO 9:59 09:59 How to trade the SpaceX dip Halftime Report
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Related Stories
- AI buildout gives tech investors new reasons to watch bond market — Kate Rooney
- Allbirds continues AI pivot with name change and CEO hire, sending stock soaring — Samantha Subin
- Amazon has lagged OpenAI and Anthropic, but AI chief sees path to catch up in 'coming year' — Arjun Kharpal
Source
US Top News and AnalysisWestern
Part of this Story
SpaceX's Record $1.8 Trillion IPO Set for June 12, 2026