Sources: SpaceX, CBS News
quote: Greta idea! Lets trust the Fannie Maes and Freddy Macs of the world to run free, unfettered by regulation. They'll sort it out!
quote: debt issued by them implicitly had the full faith and credit of the United States behind it, making them pseudo-Treasury bonds.
quote: The fact is, their own literature states that they have no backing of the US government: