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High 74 Corporate marketwatch · 2026-11-10 13:35 UTC

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.

EarningsCredit Risk
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VolFlash analysis 🔒 Direction Magnitude ●●●○○ Horizon Days VolFlash engine · 10706ms

SoftBank confirmed deferral of gas-turbine order, validating credit risk concerns

  • SoftBank's Q2 earnings confirmed deferral—not cancellation—of gas-turbine procurement
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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.

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