Bankers for SpaceX are preparing for a potential $20 billion bond offering, sources told Reuters. This was reported by Qazaqyia.kz citing Reuters.
No further details on the company's financial situation were immediately available, but such a large bond offering could indicate SpaceX's need for capital. The move is likely aimed at funding future projects, including the development of the Starship rocket.
According to Reuters, the bankers are currently conducting preliminary preparations, while the exact date and terms of the offering remain unclear. SpaceX has not officially commented on the matter.