SpaceX raises $25 billion in debut bond offer after $600 billion market selloff
SpaceX shares rebounded on Tuesday, ending a three-day selloff that had wiped more than $600 billion from the company's market value. Simultaneously, Elon Musk's company raised $25 billion in its debut bond offering, joining other megacap tech firms tapping investors for AI expansion capital. Analyst Eileen Burbidge of Passion Capital attributed the share rally to investor FOMO surrounding SpaceX.
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