Elon Musk was half-right in his comment last week about SoftBank back-pedaling on a gas-turbine order
Elon Musk in a social-media post last week said that SoftBank “defaulted” on a gas-turbine order. The truth, revealed Tuesday in the Japanese’s investment company’s second-quarter earnings, wasn’t far off.
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SoftBank confirmed deferral of gas-turbine order, validating credit risk concerns
- SoftBank's Q2 earnings confirmed deferral—not cancellation—of gas-turbine procurement
| Asset | Bias | Rationale |
|---|---|---|
| No direct listed exposure identified — we do not map to an instrument when none is publicly tradable. | ||
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- JPY/USD
- Japan 10-year JGB yield
- Asian high-yield credit spread
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Published:2026-11-10 13:35:46 · Source:marketwatch · Automatically aggregated and analysed — verify against the original source.