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SpaceX Raises Billions to Fuel AI Ambitions | Business and Finance News
Description
SpaceX just shattered IPO records with an $85.7 billion haul—then turned around and raised another $25 billion in bonds just weeks later. Far from a one-time cash grab, this is a strategic blitz to fuel their AI ambitions, which could capture 90% of their future market. With nearly $5 billion lost in 2025 alone and no path to profitability yet, SpaceX is betting big on investor confidence to keep funding rockets, satellites, and AI infrastructure—knowing the road to profit is still a long one.
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