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SpaceX Credit Risk Gauge Hits Record High on Fundraising Reports

Source: Bloomberg

Credit & Bond MarketsArtificial IntelligencePrivate Markets & VentureCompany Fundamentals

SpaceX’s credit-risk measure surged to a fresh high and its bonds tumbled in the secondary market on Wednesday. The moves followed reports that the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia; the financing has not been reported as completed.

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