SpaceX bonds sold off as debt concerns mount, worsening credit risk indicators.

Bonds of Musk's space exploration company SpaceX weakened. The company reported results that beat analyst expectations but simultaneously said it is "investing aggressively," hinting at possible further increases in borrowing. The risk premium on this aerospace and artificial intelligence company rose, with its credit derivative spreads having widened earlier this week. As of 12:35 New York time, the spread on SpaceX's 6.6% bonds maturing in 2046 widened by 0.09 percentage points to 264 basis points.