Register and share your invite link to earn from video plays and referrals.

James Van Straten
@btcjvs
Senior Analyst @CoinDesk @Bullish | Advisory Board Member @CoinsiliumGroup
Joined January 2011
888 Following    49.8K Followers
If SpaceX is getting 8% on its debt, good luck to everyone else with 10%+ other than the top-grade hyperscalers.
SpaceX $SPCX is finalizing a $40 billion debt raise at sharply higher borrowing costs than its previous financing, according to Semafor. The lowest-rated portion is expected to carry an interest rate of around 8.3%, while a safer portion backed by AI chips could price near 7.75%. The safer portion is expected to price more than 1 percentage point above where SpaceX's existing bonds trade. The deal, led by Apollo and Goldman Sachs, is expected to be finalized next week.
Show more