<div id="readability-page-1">ARK Invest bought nearly 3.3 million SpaceX shares worth more than $500 million on IPO day. According to NS3.AI, Cathie Wood’s firm sold more than $325 million of stock across at least 13 companies around the listing.  SpaceX closed at $160.95 after pricing at $135.</div>

SpaceX just priced its debut bond, a roughly USD 25 billion investment-grade sale across five tranches, upsized from a USD 20 billion target after orders reached about USD 89 billion (a 3.5x oversubscription, one of the largest IG order books ever). It settles on June 26, with proceeds mainly repaying a bridge loan, even though SpaceX already sits on around USD 100.8 billion in cash. The stock has been a rollercoaster since the record IPO priced it at USD 135: it spiked to about USD 225 then pulled back toward the mid 150s. Insider lockups start unwinding from the Q2 print (first 20%) and fully release on December 8. Starlink has topped 10.3 million subscribers and connectivity is profitable, but the space and AI arms still burn cash. Buy the dip here, or wait for the lockups to clear?

<p>SpaceX just priced its debut bond, a roughly USD 25 billion investment-grade sale across five tranches, upsized from a USD 20 billion target after orders reached about USD 89 billion (a 3.5x oversubscription, one of the largest IG order books ever). It settles on June 26, with proceeds mainly repaying a bridge loan, even though SpaceX already sits on around USD 100.8 billion in cash. The stock has been a rollercoaster since the record IPO priced it at USD 135: it spiked to about USD 225 then pulled back toward the mid 150s. Insider lockups start unwinding from the Q2 print (first 20%) and fully release on December 8. Starlink has topped 10.3 million subscribers and connectivity is profitable, but the space and AI arms still burn cash. Buy the dip here, or wait for the lockups to clear?</p>

SpaceX's $25B Debut Bond: Buy the Dip or Wait?

SPCX

SSPC

SPCF

2 倍做多SpaceX ETF

SPAL

SPCU

<p>ARK Invest bought nearly 3.3 million SpaceX shares worth more than $500 million on IPO day. According to NS3.AI, Cathie Wood’s firm sold more than $325 million of stock across at least 13 companies around the listing. SpaceX closed at $160.95 after pricing at $135.</p>

STOCKS | ARK Invest Buys Nearly 3.3 Million SpaceX Shares Worth Over $500 Million on IPO Day