---
symbol: "SPCX"
name: "SpaceX"
date: 2026-10-13
change_pct: -4.81283422459894
direction: "down"
event_type: "other"
url: "https://perplo.app/why/SPCX/2026-10-13"
updated_at: 2026-10-13T15:06:31.161Z
---

# Why SpaceX (SPCX) fell 4.81% on October 13, 2026

SpaceX (SPCX) fell 4.81% on October 13, 2026 — SpaceX debt binge raises default-risk worries.

## What happened

SpaceX fell 4.8% after bond investors voiced concern over its borrowing binge to buy Nvidia chips, which raised fears about default risk.

## Why it moved

Heavy debt used to buy hardware makes SpaceX's financing costs and credit terms more sensitive to any shift in investor appetite.

## Why it matters

SpaceX sits at the center of the Space & Defense theme, where launch capacity, satellite networks, and government demand are driving the sector's growth narrative.

## What would break the thesis

If SpaceX secures cheaper financing or can show the borrowing is matched by cash flow from its operations, the default-risk concern fades and the stock can recover.

## Sources

- [Bond Investors Are Wary of SpaceX's Borrowing Binge to Buy Nvidia Chips](https://finnhub.io/api/news?id=12a271e9df31b50b1a9b61b5bcdff0193d2e99ee8f37225e6de84c49072b6e9d) — Yahoo
- [The SpaceX threat could loom over AT&T’s stock for a prolonged stretch, analyst cautions](https://www.marketwatch.com/story/the-spacex-threat-could-loom-over-at-ts-stock-for-a-prolonged-stretch-analyst-cautions-71436853?mod=mw_rss_topstories) — MarketWatch
- [SpaceX telecom selloff: TMUS, T, VZ rebound? Plus CCC and IREN](https://investinglive.com/stocks/spacex-telecom-selloff-tmus-t-vz-rebound-plus-ccc-and-iren/) — ForexLive

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