- cross-posted to:
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- cross-posted to:
- [email protected]
- SpaceX and CoreWeave Inc. were among the biggest casualties in a broad-based credit slump due to renewed fears of tighter regulation on the artificial intelligence industry.
- The yields on one of CoreWeave’s bonds soared to a record high of more than 17%, while the cost of insuring SpaceX’s debt against default also rose to its highest level ever.
- Market watchers warned that a Democratic rout could strengthen the party’s ability to scrutinize Elon Musk’s conduct and impede an anticipated tie-up between Space X and Tesla Inc.


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