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SpaceX's Cash Rush and AI Ambitions | Business and Finance News
Published 2 days, 8 hours ago
Description
SpaceX just shattered records with an $86 billion IPO, but didn’t stop there—quickly added another $25 billion in debt to fund massive AI and space ambitions, including Mars landings and orbital data centers. With profits still elusive and capital spending skyrocketing, the company’s financial strategy reveals high-risk, high-reward bets that investors must watch closely.
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