Elon Musk is no stranger to financial alchemy. His latest feat: adding billions of dollars of debt onto his cash-burning business empire while simultaneously cutting its annual interest burden.
Musk’s SpaceX Adds Billions in Debt While Cutting Interest Costs
Elon Musk is no stranger to financial alchemy. His latest feat: adding billions of dollars of debt onto his cash-burning business empire while simultaneously cutting its annual interest burden.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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