SpaceX Plans $20 Billion Investment-Grade Bond Sale

SpaceX reportedly plans to issue at least $20 billion in investment-grade bonds, with underwriting banks expected to hold investor calls as early as the week of June 23, 2026. The funds will primarily refinance an existing $20 billion bridge loan maturing in September 2027. This marks the private aerospace company's first foray into the investment-grade debt market. Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Morgan Stanley (MS) are expected to lead the offering. As of March 2026, SpaceX's long-term debt totaled $29.1 billion, with the majority attributed to the bridge loan.