New Delhi, June 19 -- SpaceX is reportedly looking to raise $20 billion through a bond sale as early as next week, according to a report by Financial Times. The planned fundraising comes just days after trillionaire Elon Musk's rocket company completed its blockbuster initial public offering (IPO).

The company also secured BBB-range credit ratings from all three major rating agencies on Thursday, a development that should help lower borrowing costs and broaden investor interest.

Meanwhile, the newly listed firm has mandated Wall Street banks to pitch the fixed-income deal to investors, the news publication reported, citing people familiar with the matter. One of the sources told FT that the 10-year debt offering is expected to be priced...