If they aren’t growing, and barely breaking even, the chances of going into the red are not low. Idk if the bonds have a rating but I don’t think X would have a AAA rating right now?
If it’s really worth 95%, it’s only held up by the political situation and investors’ general Elon bubble.
Bonds do have a rating, but Microsoft is the only AAA corporate bond I know of off the top of my head. Even Amazon is AA, while I would guess Twitter more like AMC at CCC- if it were rated.
If it’s really worth 95%, it’s only held up by the political situation and investors’ general Elon bubble.