Elon Musk turns to BofA after Goldman flinches on SpaceX loan

//Elon Musk turns to BofA after Goldman flinches on SpaceX loan

Elon Musk turns to BofA after Goldman flinches on SpaceX loan

Elon Musk is working with Bank of America to make his space travel dreams a reality after Goldman Sachs Group hesitated in handling new terms for a SpaceX loan.   Goldman Sachs (NYSE: GS) was soliciting investors for interest in $500 million of SpaceX debt, according to Bloomberg. But by the time investors arrived for a New York City meeting, Bank of America had taken over what amounted to a $750 million deal for the Hawthorne, California-based space technology company. Per the report, Bank of…

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By | 2018-11-09T00:19:31+00:00 November 9th, 2018|Economics|

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