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SpaceX’s $20B Bond Deal Prices

Yesterday, I shared (see here) that SpaceX was raising an additional $20  billion by issuing bonds. The deal priced today, and per Bloomberg (see here), the final order book has “less than three times the amount of debt offered . . . .” I took that to mean the demand was two or three times greater than the offer so orders totaled somewhere between $50 and $75 billion.

I don’t know a ton about bond issuance or bonds in general. I’m curious, though, and hope to get time to learn more about them. Public technology companies have issued a lot of bonds in 2026, and SpaceX just added to that list.

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