Aston Martin's shares and bonds have plunged to record lows as investors chase liquidity amid mounting cash‑burn concerns. Bonds worth more than £1.5bn fell below 80p on the pound, while the stock traded around 42p, valuing the company at roughly £430 million— a steep drop from its 2018 listing at £19 and a £4.3 billion market cap.

The largest bond, a £1.05bn issue at 10% coupon, slid to 75p, forcing credit investors to demand yields north of 20%. A high‑yield analyst warned that Aston Martin could exhaust liquidity by the end of Q2, forcing a fresh capital raise before the company can stabilize.

Shareholders—Canadian billionaire Lawrence Stroll, China’s Geely and Saudi Arabia’s PIF—have repeatedly supplied cash, including a £125 million sale of a Formula 1 stake and a £50 million naming‑rights deal that injected fresh capital last year. These measures keep the marque afloat but underscore its dependence on external support.

Aston Martin burned £321 million in the first half of 2025 and £313 million in the same period last year, leaving only £250 million in cash at year‑end. With a projected 2026 improvement tied to product mix and cost discipline, the company faces a tight window before it must secure new funding or risk collapse.