SpaceX Shares Fall 16% After $20 Billion Bond Sale Talk Hangs Over Rally

SpaceX shares dropped 16.4% on Monday after the company launched its first bond sale, cutting about $400 billion from its market value and bringing up questions again about what it will cost to push deeper into artificial intelligence. Shares finished at $154.60.

NASDAQ:ASTS · NASDAQ:RKLB · Stock Market · XETRA:OHB.DE
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Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

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