Elon Musk Is Betting $40 Billion on Nvidia Chips — SpaceX Investors Aren't So Sure as SPCX Credit Default Swaps Hit Record High: Report
Space Exploration Technologies Corp.’s (NASDAQ: SPCX ) credit risk jumped to a record high after reports that Elon Musk’s company plans to raise $40 billion to buy Nvidia Corp. (NASDAQ: NVDA ) chips, adding to its borrowing just months after its first major bond sale. SpaceX Credit Spreads Hit Record High The Financial