$40 billion bond issuance with a maximum interest rate of 8.3%! SpaceX's (SPCX.US) AI gamble also exposes the “funding winter” in AI infrastructure.

According to Golden Ten Data, citing informed sources, SpaceX (SPCX.US) is preparing to complete a $40 billion debt issuance, with interest rates significantly higher than its previous borrowing costs. This reflects growing investor concerns over financing artificial intelligence (AI) infrastructure. According to the sources, the riskiest portion of this issuance is expected to yield around 8.3%, while a batch of relatively lower-risk debt, partially collateralized by the company's computing chips, may carry an interest rate of approximately 7.75%.