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Musk's space exploration company SpaceX bonds weakened. Although the results announced by the company exceeded analysts' expectations, it also stated that it is “aggressively investing,” suggesting that it may further increase borrowing in the future. The aerospace and artificial intelligence company's risk premium has risen, and its credit derivatives spreads widened earlier this week. As of 12:35 New York time, SpaceX's 6.6% bond spread due 2046 increased by 0.09 percentage points to 264 basis points.
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Musk's space exploration company SpaceX bonds weakened. Although the results announced by the company exceeded analysts' expectations, it also stated that it is “aggressively investing,” suggesting that it may further increase borrowing in the future. The aerospace and artificial intelligence company's risk premium has risen, and its credit derivatives spreads widened earlier this week. As of 12:35 New York time, SpaceX's 6.6% bond spread due 2046 increased by 0.09 percentage points to 264 basis points.
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