SpaceX seeks $750 million leveraged loan

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SpaceX seeks $750 million leveraged loanBy Jonathan Schwarzberg and Kristen Haunss NEW YORK (LPC) - Elon Musk's Space Exploration Technologies Corp, known as SpaceX, is looking to line up a $750 million leveraged loan, sources said. Bank of America Merrill Lynch is leading the transaction. A lenders presentation will be held by the SpaceX management team on November 7. SpaceX makes rockets and spacecraft. The company was founded by Elon Musk in 2002 as a way to help humans live on other planets. The Hawthorne, Calif.-based company now employs more than 6,000 people, according to its website. ...


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