Loading...
Market
Will Boeing raise over $15 billion in capital by November 4, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Boeing or credible financial news outlets such as Bloomberg or Reuters.
Story
Boeing Plans Over $15 Billion Capital Raise on Monday Amidst $6.17 Billion Q3 Loss
Oct 27, 2024, 11:44 PM
Boeing is facing significant financial challenges, having reported a net loss of $6.17 billion in Q3 2024 on Wednesday, bringing total losses for the year to nearly $8 billion. The company also reported an operating cash flow loss of $1.34 billion, underscoring its precarious financial situation. In response, Boeing is planning to raise over $15 billion in capital as early as Monday to boost its liquidity and prevent its credit rating from falling to junk status. This capital raise is seen as a crucial step for the beleaguered airplane maker to regain stability.
View original story
Similar markets
Yes • 50%
No • 50%
Less than $15 billion • 25%
$15 billion to $18 billion • 25%
$18 billion to $19 billion • 25%
More than $19 billion • 25%
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%
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%