SpaceX’s密集 equity and debt financing raises concerns about overheated valuation; Allianz executive warns market has entered bubble territory

After completing a large-scale initial public offering, SpaceX swiftly launched a roughly $25 billion bond issuance, raising market concerns about high-level financing and liquidity risks. Ludovic Subran, Chief Investment Officer at Allianz Group, stated that companies following equity financing with large-scale debt financing reflects a possible shift in today’s capital markets—from a boom phase into a bubble zone.