SPCX - SPACEX BOND SELLOFF DEEPENS SpaceX's $25 billion bond sale is suffering unusually steep losses, with paper losses exceeding $300 million. Traders say fast-money investors may be exiting, while concerns over the company's valuation, long-term cash flow and heavy AI-related debt issuance are weighing on prices. The sharp selloff is one of the weakest debuts seen in recent high-grade bond markets.(*Walter Bloomberg)