Interest spreads widened on early Wednesday trading on SpaceX bonds. The newly listed aerospace technology company doubled capital expenditure related to artificial intelligence, overshadowing the benefits of better-than-expected quarterly results. The spread on the company's bonds due in 2046 with 6.60% dividend increased by 8 basis points to 238 basis points; the spread on its bonds maturing in 2033 with 5.65% dividend increased by about 9 basis points to 186 basis points.

Interest spreads widened on early Wednesday trading on SpaceX bonds. The newly listed aerospace technology company doubled capital expenditure related to artificial intelligence, overshadowing the benefits of better-than-expected quarterly results. The spread on the company's bonds due in 2046 with 6.60% dividend increased by 8 basis points to 238 basis points; the spread on its bonds maturing in 2033 with 5.65% dividend increased by about 9 basis points to 186 basis points.