SpaceX (SPCX.US) Stocks and Bonds Diverge Sharply! Aggressive Expansion Plans Drive Up Debt Risk Premium; Bond Credit Spreads Widen by 9 Basis Points
Zhitong Finance APP has learned that although SpaceX's (SPCX.US) third-quarter results significantly exceeded Wall Street expectations, driving the company's stock price up by more than 12% at one point on Wednesday, its bonds were sold off by investors. As SpaceX announced that it will continue to invest heavily in artificial intelligence (AI) computing power, satellite broadband, and mobile communications businesses, the bond market has begun to worry that the company may further expand its debt scale in the future, thereby increasing its financial burden.
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