WS #12124
SpaceX bond yields are rising, with bonds worth 10% less than issue price and heading towards junk status, pressuring SPCX valuation. Ukraine expands drone campaign to Black Sea, hitting 20 Russian vessels including oil tankers, escalating conflict and supporting oil prices. IRGC states US should expect closure of other gas and oil routes in coming days, escalating oil supply risk and supporting energy prices.
SpaceX Bonds Heading to Junk
SpaceX bond yields are rising, with bonds worth 10% less than issue price and heading towards junk status, pressuring SPCX valuation.
Ukraine expands drone campaign to Black Sea, hitting 20 Russian vessels including oil tankers, escalating conflict and supporting oil prices.
IRGC states US should expect closure of other gas and oil routes in coming days, escalating oil supply risk and supporting energy prices.