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What will be the outcome of Boeing's capital raise attempt by December 31, 2024?
2
Resolution / Starting Odds
Successfully raises $15 billion or more • 25%
Raises between $10 billion and $14.99 billion • 25%
Raises less than $10 billion • 25%
Fails to raise any additional capital • 25%
Official announcements from Boeing or financial news outlets such as Bloomberg or Reuters
Story
Boeing Plans $15 Billion Capital Raise on Monday Amid $6.17 Billion Q3 Loss to Boost Liquidity
Oct 27, 2024, 11:58 PM
Boeing is planning to raise over $15 billion in capital as early as Monday, according to sources familiar with the matter. This move comes in response to significant financial challenges faced by the company, including a reported net loss of $6.17 billion in Q3 2024, bringing total losses for the year to nearly $8 billion. Additionally, Boeing reported an operating cash flow loss of $1.34 billion, underscoring the precarious nature of its financial situation. The capital raise is intended to boost Boeing's liquidity and prevent its credit rating from dropping to junk status. Boeing has long been crucial to the U.S. economy and has faced declining trust from travelers, airlines, regulators, investors, and its own employees.
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Similar markets
Full amount raised • 25%
Partial amount raised • 25%
No amount raised • 25%
Postponed • 25%
Less than $15 billion • 25%
$15 billion to $18 billion • 25%
$18 billion to $19 billion • 25%
More than $19 billion • 25%
Less than $15 billion raised • 25%
$15 billion to $18 billion raised • 25%
$18 billion to $19 billion raised • 25%
More than $19 billion raised • 25%
Yes • 50%
No • 50%
