(TSLA) sibling and Elon Musk’s space exploration company,
SpaceX, is planning to seek a leveraged loan of $750
million, with Bank of America Merrill Lynch leading the
transaction, according to reports that emerged Tuesday.
Bank of America Merrill Lynch (BAML) and Space Exploration
Technologies Corp (SpaceX) are yet to come out with an
official announcement or have confirmed these reports.
is said that a lenders’ presentation might be held by the
SpaceX management as early as Wednesday, Nov 7.