https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says]Less paywall[/url].
Another article discussing this without mincing words:
"Equity investors are one thing, but bond guys are the grown-ups in the room," Beauchamp told CNBC via email. "SpaceX might find it has its work cut out for it, but I suspect the market can absorb the issuance overall."
I'm taking that to mean that SpaceX might have a
bit of a valuation change as investors decide what they'll pay to be a part of this grand adventure in creative accounting.
4 Jul 2026 18:19
The Bond market is even more junk. SpaceX is doing at least something, while the bond market is just moving money from one pocket to another without producing anything at all.
4 Jul 2026 18:33
I feel like I'm way ahead of the market.
(If only I knew how to turn that wisdom into money)
4 Jul 2026 18:47
I'm convinced that to win in today's market, you really can't think deeply about anything.
4 Jul 2026 18:51
Hm. Maybe you can't. How does that help me?
4 Jul 2026 19:16
Put options are a thing.
But best to stay out of stocks gambling unless you have money to lose.
4 Jul 2026 19:34
See, you’re still thinking when you ask questions
4 Jul 2026 20:42