SpaceX launches maiden bond offering to fuel Musk’s AI ambitions
Texas [US], June 22, (ANI): SpaceX is seeking more funds to power its AI ambitions as the Elon Musk-led rocket-to-AI company has launched an offering of senior unsecured notes, according to a Reuters report.
The maiden bond offering by the newly-listed company could be for an amount as much as USD20 billion, according to some reports. The company also disclosed that it has cash and cash equivalents worth USD100.8 billion, the Reuters report said.
