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SoftBank shares fall 10.8% as credit risk reaches four-year high

1 article1 sourcesince Nov 6Last article 5h ago ·

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SoftBank shares fell 10.8% on Friday as the cost of insuring its debt hit a four-year high, according to a post by Rohan Paul (@rohanpaul_ai).

The post says SoftBank borrowed at record yields to fund its $64.6B OpenAI stake, and that OpenAI's IPO delay to 2027 pushes back any return on it.

The post also says SB Energy's IPO filing projects $439B in contracted revenue, while SB Energy operates no data centres and depends heavily on OpenAI.

Written by AI from the articles below · updated Nov 6, 4:16 PM ET

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Latest developmentNov 6, 4:03 PM ET
SoftBank shares fall 10.8% as credit risk hits a four-year high

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The articles in this story. Times are ET.

Nov 6
  1. Rohan PaulX
    SoftBank shares fall 10.8% as credit risk hits a four-year high

    AISoftBank shares fell 10.8% on Friday as the cost of insuring its debt hit a four-year high. The post says SoftBank borrowed at record yields to fund its $64.6B OpenAI stake, and that OpenAI's IPO delay to 2027 pushes back any return. It also says SB Energy's IPO filing projects $439B in contracted revenue while it operates no data centres and depends heavily on OpenAI.

    Image from @rohanpaul_ai's post

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