SpaceX raises $25 billion in first bond sale as investor orders near $90 billion

Elon Musk’s SpaceX raised $25 billion in its first corporate bond sale, with investor orders approaching $90 billion. The financing came less than two weeks after the company’s record-setting initial public offering (IPO). SpaceX priced $25 billion of investment-grade notes on June 23 in a heavily oversubscribed deal.