SpaceX credit derivatives start to trade after debut bond sale (opens original article in a new tab)

Credit derivatives tied to SpaceX started trading after the company's $25 billion bond sale, with protection costs at 1.255 percentage points annually for five years.

• SpaceX credit derivatives began trading after its $25 billion bond sale
• Credit-default swaps for SpaceX cost 1.255 percentage points annually for five-year protection
• SpaceX's bond spread widened to 1.57 percentage points after the sale