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Musk’s SpaceX adds billions in debt while cutting interest

Posted on June 24, 2026
By Business News Today
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1 min read

Musk’s SpaceX adds billions in debt while cutting interest

Elon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while lowering annual interest costs. This strategic financial maneuver leverages SpaceX's strong revenue streams from Starlink and government contracts to support the ambitious, cash-burning AI ventures.