SpaceX Adds Billions In Debt, Lowers Interest Burden

Elon Musk's SpaceX raised $25 billion in investment-grade bonds to refinance costly debt tied to X and xAI, reducing annual interest to $1.5 billion from $1.8 billion. Strong investor demand enabled cheaper borrowing, while Starlink and US contracts support AI expansion, giving SpaceX access to the vast high-grade bond market despite losses and rising debt levels.