PHOTO: TIMA MIROSHNICHENKO When SpaceX’s was envisioned, the ambitions were not tied down by earthly concerns like traditional funding constraints. In fact, a $750 million private credit deal in 2021 allowed SpaceX to scale its operations without relinquishing equity. Similarly, when Airbnb faced a pandemic-induced nosedive in 2020, a $1 billion private credit facility provided […]
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