AI fears add a 200-basis-point premium to SpaceX's debt

Summary

SpaceX has finalized $40 billion of private credit borrowing in recent days, and the most expensive slice of that debt will cost as much as 8.75%, according to Semafor. The company's first corporate bonds paid 6.65% for their most expensive piece. Semafor reports that AI fears add a 200-basis-point premium to the company's debt, in line with an earlier report that the $40 billion deal comes as fears about AI spending spread.

Timeline

1. Semafor

   26 Oct 2026, 12:47 UTCSource ↗

   Semafor reports that AI fears add a 200-basis-point premium to SpaceX's debt, with the most expensive slice of its $40 billion private credit borrowing set to cost as much as 8.75%, compared with 6.65% for the most expensive piece of its first corporate bonds.