IllustrativeElon Musk's SpaceX Refinances Debt With $20 Billion Bridge Loan Ahead Of Record-Breaking Summer IPO: Report
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SpaceX has reportedly refinanced its debt with a $20 billion bridge loan, possibly in preparation for an initial public offering (IPO). The company is also said to be preparing for a bond sale of at least $20 billion. However, the exact details and timing of these financial moves are unclear, with some reports suggesting a bond sale and others mentioning a potential surprise for shareholders.
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