"Perfect Storm": Bond Traders "Stunned" At How Quickly SpaceX Bonds Are Selling Off
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Source: Zero Hedge
Published: 2026-06-27 04:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Culture & Entertainment, Natural Disasters, Economy & Finance, Financial Markets, Media, Business & Economy
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Snippet:
Media reports earlier this week about SpaceX's inaugural post-IPO investment-grade bond (and we mean inaugural, as the company rushed to tap the corporate bond market just days after going public with a low-IG rating of Baa1/BBB) which priced on Tuesday, had it as almost 4x oversubscribed, at roughly $90BN in orders for the $25 billion offering (upsized from $20 billion), signaling relentless demand for the paper.
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