After $86 billion IPO, SpaceX to borrow $20 billion
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SpaceX is borrowing a significant amount of money, reportedly either $20 billion or $25 billion, shortly after its initial public offering (IPO) that raised $86 billion. The company has debuted a bond sale to raise the funds, with some reports indicating that orders for the bonds exceeded $89 billion. The purpose of the borrowing is not entirely clear, with some speculation about its use for various ambitions, possibly including artificial intelligence.
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