Allianz CIO warns that SpaceX's bond sale signals bubble territory, raising concerns about stretched valuations in private tech and broader risk markets.

June 22 : Elon Musk's SpaceX turned to the bond market for the first time, capitalizing on a post-IPO momentum that has vaulted its cash reserves past $100 billion as the…

Days after its record IPO, SpaceX is raising at least $20bn in its first investment-grade bond sale to fund a huge AI data-centre build-out.