Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Science › SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds
Science

SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds

Bloomberg Markets Thursday 05 November 2026, 15:48 UTC By Kevin Kingsbury 1 min read
Key Points

SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled amid a broad equity market selloff, led by a rout in chipmakers. Five-year credit default swaps on SpaceX, the aerospace and space technology company, widened as much as 14.6 basis points to...

SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled amid a broad equity market selloff, led by a rout in chipmakers. Five-year credit default swaps on SpaceX, the aerospace and space technology company, widened as much as 14.6 basis points to 284.3 basis points a year, according to ICE Data Services. The risk gauge’s most recent high was set on Oct. 30.
SpaceX (ORG) US (LOCATION) Elon Musk’s (PERSON) Texas (LOCATION) Musk (ORG) Tesla Inc. (ORG) ICE Data Services (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Too many e-scooters? Blame competition

Blame competition Sadie Harley Scientific Editor Andrew Zinin Chief Editor In 2018, something strange happened on sidewalks across America. In 65 cities, thousands of electric scooters appeared seemingly overnight, often with little or no advance notice to local governments.

Phys.org 20m ago

How Musk’s Starlink Can Challenge AT&T, Verizon and T-Mobile

Explainer How Musk Plans to Shake Up the US Wireless Industry Elon Musk’s SpaceX has already transformed the internet-from-space business. Now, he’s taking on another entrenched industry with plans for a terrestrial wireless network to rival Verizon Communications Inc., T-Mobile US Inc. and AT&T Inc. The idea is to combine SpaceX’s Starlink satellite broadband network with new mobile antennas, fiber connections and other ground infrastructure so that regular smartphones can seamlessly tap...

Bloomberg Technology 26m ago

A 70-million-year-old genetic rescue allowed codfishes to escape extinction and shape the North Atlantic

A 70-million-year-old genetic rescue allowed codfishes to escape extinction and shape the North Atlantic Lisa Lock Scientific Editor Robert Egan Senior Editor A new study has revealed how the repurposing of an ancestral gene saved the embryos of cod's ancestors from extinction, enabling them to form the large populations that, millions of years later, would change the course of human history. The codfishes and their relatives in the order Gadiformes lost genes essential for egg buoyancy and...

Phys.org 29m ago

Plagiarism is a kind of theft, but it is also a question of honor

Plagiarism is a kind of theft, but it is also a question of honor Swati Mestri Scientific Editor Andrew Zinin Chief Editor Any concept that has a history, philosopher Michel Foucault tells us, cannot have a fixed definition. Plagiarism is a concept with a history, as the subtitle of Roger Kreuz's "Strikingly Similar: Plagiarism and Appropriation from Chaucer to Chatbots" reminds us. But it might be close to perennial.

Phys.org 29m ago