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Interest spreads widened on early Wednesday trading on SpaceX bonds. The newly listed aerospace technology company doubled capital expenditure related to artificial intelligence, overshadowing the benefits of better-than-expected quarterly results. The spread on the company's bonds due in 2046 with 6.60% dividend increased by 8 basis points to 238 basis points; the spread on its bonds maturing in 2033 with 5.65% dividend increased by about 9 basis points to 186 basis points.
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Interest spreads widened on early Wednesday trading on SpaceX bonds. The newly listed aerospace technology company doubled capital expenditure related to artificial intelligence, overshadowing the benefits of better-than-expected quarterly results. The spread on the company's bonds due in 2046 with 6.60% dividend increased by 8 basis points to 238 basis points; the spread on its bonds maturing in 2033 with 5.65% dividend increased by about 9 basis points to 186 basis points.
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