Report
SoftBank shares had reportedly fallen 50% from their June 2 high by Oct. 22
Bloomberg described higher borrowing costs as fueling concern over whether SoftBank could sustain its AI investments.
TLDR
On Oct. 22, Bloomberg reported that SoftBank shares had fallen 50% from their June 2 high after a 6.9% drop that day, leaving the company valued at about ¥24.7 trillion ($157 billion). The report described rising borrowing costs as fueling concern about the sustainability of SoftBank's AI investments. SoftBank had raised $11.1 billion through a September corporate junk bond sale to finance those ambitions.
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