SpaceX's $25 billion bond sale raises bubble concerns on Wall Street

Corporate Action Impact 4
โดย Yahoo Finance·Read original
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SpaceX's $25 billion bond sale is raising concerns on Wall Street about a possible market bubble, according to the Financial Times. Allianz CIO Ludovic Subran said at a Financial Times conference that the bond sale is a clear sign markets are entering bubble territory, characterizing the move from a healthy boom to a stretched boom into bubble territory. Epistrophy Capital Research chief market strategist Cory Johnson noted that about $5 billion of the debt was from the build out, but about $12 billion plus was Twitter debt, expressing shock that the money-losing company could rebrand the once 12% Twitter debt as investment grade.

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Epistrophy Capital ResearchPrivate± Mixed
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