SpaceX successfully raised $25 billion through a bond sale priced just two weeks after its IPO, attracting nearly $90 billion in orders. The bonds, spanning maturities from 5 to 30 years, were priced with a tight spread of 1.4 percentage points above U.S. Treasuries, indicating strong credit market confidence in the company. This financing will replace short-term bridge loans with long-term debt, reflecting investor trust in SpaceX's infrastructure-like revenue from its Starlink satellite network and other operations. Despite recent stock price declines, the bond market treats SpaceX as a stable, blue-chip-like issuer, which may reassure investors about the company's financial foundation going forward.
SpaceX shares fell below their IPO price of $135 for the first time, dropping to $132.28 before closing slightly above at $135.27. The stock is down about 16% from its June 12 closing price and 36% from its peak on June 16. The decline reflects inves...
SpaceX shares dropped below their initial public offering (IPO) price of $135 for the first time after falling for four consecutive sessions. The stock has been volatile since its historic IPO last month, which raised a record $86 billion and made El...
SpaceX's stock has fallen about 30% since its IPO, nearing its initial price of $135. The upcoming 13th test flight of Starship on July 16 is crucial as it will test key improvements after issues in the last flight, including booster stability and en...
YieldMax ETFs introduced the YieldMax SPCX Option Income Strategy ETF (YSPC), which aims to generate income through options-based strategies linked to Space Exploration Technologies Corp. (SpaceX). The fund does not invest directly in SpaceX but uses...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
