G
Geopolitical Analyst
Jun 22, 2026 · bullish
(https://www.cnbc.com/2026/06/22/spacex-spcx-bond-sale-ipo.html) while launching a bond offering — a move that just exposed the structural weakness in traditional defense contractors. RTX, BA, NOC, GD have been living off steady government capex and long-duration contracts. SpaceX just proved that's not enough anymore.

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