SpaceX faces pressure from massive new debt, spread widens causing over $300 million in paper losses
2026-06-26 13:37
Odaily Planet Daily News: The performance of SpaceX's record-breaking bond issuance in the secondary market is rapidly deteriorating. Since trading began, the book losses from SpaceX's $25 billion issuance have continued to accumulate. As of Thursday's close, the widening spread relative to US Treasuries has resulted in approximately $305 million in unrealized paper losses.
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