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SpaceX Raises $85.7B in IPO, Launches First Bond Offering to Fund AI and Starship Ambitions

2026-06-22 23:31:29

SpaceX raised $85.7 billion via its June 12 Nasdaq IPO and subsequently launched its first corporate bond offering, the company announced. Founder Elon Musk retains 82% voting control through dual-class shares.

The company currently holds over $100.8 billion in cash and cash equivalents, positioning it among the world's most capital-rich enterprises. SpaceX signed a $6.3 billion agreement with AI startup Reflection AI to provide computing power for the Colossus 2 supercomputer data center, marking expansion into AI infrastructure beyond rocket technology.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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