• SpaceX and CoreWeave Inc. were among the biggest casualties in a broad-based credit slump due to renewed fears of tighter regulation on the artificial intelligence industry.
  • The yields on one of CoreWeave’s bonds soared to a record high of more than 17%, while the cost of insuring SpaceX’s debt against default also rose to its highest level ever.
  • Market watchers warned that a Democratic rout could strengthen the party’s ability to scrutinize Elon Musk’s conduct and impede an anticipated tie-up between Space X and Tesla Inc.

OG: https://www.bloomberg.com/news/articles/2026-11-05/spacex-default-risk-hits-fresh-peak-as-tech-led-selloff-builds

  • LastYearsIrritant@sopuli.xyzEnglish
    4·
    15 小时前

    Any bailout should come with two big conditions.

    1 - spin it back off into its own company - rockets one company, telecom one company, everything else can go fuck off.

    2 - elon has to sell off all stakes in the rocket company.