SpaceX Bonds Trade Like Junk Bonds Amid Market Optimism for Stock
While SpaceX's stock has surged following its IPO and now trades with a market cap of over $2 trillion, the bond market remains skeptical. The company’s bonds are trading at spreads indicative of junk status (BB category), suggesting higher risk perception among fixed-income investors.
Tickers: $SPCX
Topics: bond market IPO market capitalization SpaceX