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The Economic Times
The Economic Times
Business

SpaceX bankers prepare for bond sale of at least $20 billion

Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering on the heels of the company’s record IPO, according to people with knowledge of the matter.

The bond is expected to be at least $20 billion, and the calls may kick off on Monday, said the people, who asked not to be identified because they’re not authorized to speak publicly. Plans and timing may change, they said.

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