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SpaceX Had The Best IPO In History—Now Comes The Hard Part

IPOs & SPACsM&A & RestructuringCredit & Bond MarketsCompany Fundamentals

SpaceX followed the largest IPO ever with a announced $60 billion acquisition and bankers are preparing a $20 billion bond sale. The combination of a large strategic deal and major debt financing points to aggressive expansion and strong capital markets access. The article is brief and factual, but the scale of the transaction is material for SpaceX and relevant to credit markets.

Analysis

SpaceX followed the largest IPO ever with a announced $60 billion acquisition and bankers are preparing a $20 billion bond sale. The combination of a large strategic deal and major debt financing points to aggressive expansion and strong capital markets access. The article is brief and factual, but the scale of the transaction is material for SpaceX and relevant to credit markets.

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