Peridynamics is a nonlocal continuum mechanics formulation well suited for simulating dynamic fracture phenomena. Various peridynamic material formulations have been developed in recent years. These models have some differences, particularly regarding the correct handling of elastic deformation. This study investigates the elastic wave propagation characteristics of bond‐based, ordinary state‐based, continuum‐kinematics‐inspired peridynamics and a local continuum consistent correspondence formulation. Specifically, it examines the behavior of longitudinal pressure waves within thin rods. While all formulations demonstrate adequate wave propagation handling, all except the correspondence formulation are sensitive to incomplete horizons. In contrast, the local continuum consistent formulation exhibits outstanding accuracy in modeling wave propagation. Moreover, the fascinating “spaghetti fracture” phenomenon, where a bent thin rod always breaks into three or more pieces, motivates additional investigations. It is shown that reproducing a different number of fragments using peridynamic simulations is possible. Although initial experiments can be replicated, the sensitivity to numerous parameters necessitates further investigations for a more comprehensive understanding and validation.