19:43
2026-06-23
gadgetreview.com
ai-infrastructure
SpaceX Has $100 Billion in Cash. So Why Is It Borrowing $20 Billion More?
SpaceX, with $100.8 billion in cash, is issuing at least $20 billion in bonds to replace a short-term bridge loan used to acquire xAI, despite negative free cash flow of $14.1 billion last year. The m…