# Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt.

*business · news · 2026-04-23 · MarketScreener*

## Key points

- SpaceX took out a $20 billion bridge loan last month to refinance existing debt.
- The loan's terms require IPO proceeds to repay it if not settled within six months post-IPO.
- The bridge loan replaced five debt facilities, including borrowings tied to Musk's X and xAI.
- SpaceX's total debt dropped to $20.07 billion after the refinancing, down from $22.05 billion.

**Companies:** SpaceX
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/spacex-refinanced-debt-with-stopgap-20-billion-loan-before-ipo-filing-ce7f59dedf8bff23)

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