SpaceX posts first debt note sale after Nasdaq IPO as shares slump and AI-funding narrative faces valuation scrutiny
Fresh off its historic IPO, SpaceX announced its first senior unsecured notes offering—potentially up to $20 billion—to support AI ambitions, with possible refinancing of an xAI-related loan. The move comes as SPCX shares fell roughly 16–23% post-debut, erasing early gains amid rising investor concerns about costs and valuation.
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