SpaceX taps bond market after IPO, Elon Musk keeps control

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SpaceX bonds fund operations, repay loans

The cash from these bonds is set for everyday business needs and to pay off loans.
Even with revenue up 33% to $18.67 billion in 2025, SpaceX has been spending heavily on AI and Starship, leading to some losses lately.
Still, credit agencies Moody's and Fitch gave SpaceX solid investment-grade ratings, Baa1 and BBB+, showing trust in its financial strength as it ramps up infrastructure.

SpaceX seals Reflection AI chip deal

SpaceX also locked in an up to $6.3 billion deal with Reflection AI for NVIDIA chips, another step toward boosting its AI game and pushing expansion plans forward.

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All these moves show SpaceX is serious about staying ahead in the fast-changing space industry, keeping innovation front and center as it aims higher.