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SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds

Bloomberg Markets's headline. Reported by Bloomberg Markets.

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What Bloomberg Markets reported

The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled amid a broad equity market selloff, led by a rout in chipmaker

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Who is covering it

  1. Bloomberg Markets United States SpaceX Default Risk Hits Fresh Peak as Tech-Led Selloff Builds The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled amid a broad equity market selloff, led by a rout in chipmaker 3 h ago · Tier 1

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