GoKawiilSpaceX employees go to work at the SpaceX facility in Hawthorne on the day of their company's IPO, in Hawthorne, California, June 12, 2026.
Less than two weeks after its record IPO, SpaceX has raised $25 billion in a debt sale, CNBC has confirmed.
SpaceX on Monday announced a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion. As of Tuesday, SpaceX had received nearly $90 billion worth of orders and upsized the sale by $5 billion, according to people familiar with the fundraising who asked not to be named because the details are private.
Bloomberg was first to report on the orders figure.
Banks managing the bond sale include Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley.
SpaceX is tapping the debt markets shortly after the company's blockbuster IPO, which turned CEO Elon Musk into the world's first trillionaire. The IPO raised nearly $86 billion, including the underwriters' option, and SpaceX disclosed on Monday that it now has just over $100 billion in cash.