SpaceX raises $25 billion in debt sale less than two weeks after record IPO

The aerospace giant taps the bond market to fund growth, with sources citing nearly $90 billion in orders driving the capital raise.

By Handelsavisen Newsroom · Automated 2026-06-23 19:18 UTC · 1 min read

SpaceX has raised $25 billion through a senior unsecured notes offering, marking its first entry into the corporate bond market.

The debt sale comes less than two weeks after the company’s record initial public offering, signaling an aggressive capital strategy to support its expanding operations.

Sources familiar with the matter told CNBC that the company is leveraging the issuance to capitalize on a robust order book, which reportedly stands at nearly $90 billion.

Sources familiar with the matter told CNBC that the company is leveraging the issuance to capitalize on a robust order book, which reportedly stands at nearly $90 billion.

The move allows SpaceX to diversify its funding sources beyond equity markets while maintaining its existing cash reserves, which exceed $100 billion.

The five-tranche notes offering represents a significant milestone for the aerospace sector, as SpaceX transitions from a private growth phase to a publicly traded entity with access to deep capital markets.

By tapping the debt market, the company can fund its ambitious launch cadence and infrastructure projects without diluting existing shareholders further.