Some SpaceX bonds have already sunk to junk-like territory
Investors lent SpaceX billions in June, and its longest-dated bonds have sunk to an effective junk-like yield of 7.5% at $0.90 on the dollar.
Investors lent SpaceX billions in June, and its longest-dated bonds have sunk to an effective junk-like yield of 7.5% at $0.90 on the dollar.
Scott Bessent has confirmed that Fort Knox still has the United States’ gold despite conspiracies claiming otherwise.
SpaceX slipped below $140 per share on Monday, wiping out $1T from the peak market capitalization of Elon Musk’s IPO.
The total value of Tesla’s BTC holdings have fallen by approximately two-thirds since 2021, despite BTC appreciating by more than 30%.
Elon Musk’s net worth of $1.4T is mind-bogglingly large, dwarfing the fortunes of even the richest crypto billionaires.