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المشهد العربي
SpaceX bonds fall amid profit rise
SpaceX experienced a decline in its bonds despite posting record profits, with third-quarter earnings reaching $4.4 billion, a 161% increase above expectations. The decline came after the company announced plans for significant investments and capital expansion, raising concerns among investors about increased company debt and future financial burdens. Despite strong operational performance, the yield spread on its bonds maturing through 2046 widened to 2.64 percentage points above U.S. Treasury bonds, amid fears of growing leverage.
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