SpaceX prepares for at least $20 billion bond issuance, analysts predict debt and capital expenditure growth

According to Bloomberg, SpaceX is preparing for its first bond issuance of at least $20 billion. Oppenheimer&Co predicts that SpaceX's net debt will climb from approximately $13 billion to over $400 billion by 2031, surpassing almost all publicly traded companies in the United States and more than three times Oracle's current debt level. Goldman Sachs and Evercore ISI predict that SpaceX's capital expenditures will exceed $1 trillion by 2031, with funds mainly invested in AI business and space data center construction.