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SpaceX Bonds Weaken, Credit Risk Gauge Worsens On Debt Fears
Key Points
Bonds SpaceX Bonds Weaken, Credit Risk Gauge Worsens On Debt Fears SpaceX bonds weakened Wednesday after the company posted results that surpassed analysts’ estimates but also said it was investing aggressively, signaling more borrowing could be ahead. Risk premiums for the aerospace and AI company climbed, following widening for the company’s credit derivatives earlier this week. Spreads on SpaceX’s 6.6% notes due in 2046 widened 0.09 percentage point to 2.64 percent points as of 12:35 p.m....
Bonds
SpaceX Bonds Weaken, Credit Risk Gauge Worsens On Debt Fears
SpaceX bonds weakened Wednesday after the company posted results that surpassed analysts’ estimates but also said it was investing aggressively, signaling more borrowing could be ahead.
Risk premiums for the aerospace and AI company climbed, following widening for the company’s credit derivatives earlier this week. Spreads on SpaceX’s 6.6% notes due in 2046 widened 0.09 percentage point to 2.64 percent points as of 12:35 p.m. New York time.