Shares of major AI-linked companies, including Alphabet, Microsoft, Meta Platforms, and Oracle Corporation, declined ahead of the expected SpaceX IPO, contributing to weakness in the broader S&P 500. Market observers estimate more than $200 billion in combined market value was erased from the four companies during the session. Some traders suggest capital may be rotating from popular AI stocks toward the highly anticipated IPO, though a direct link has not been confirmed. Investors will watch SpaceX’s market debut to see whether it drives broader shifts in market liquidity and positioning.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
When Anthony Ralphs joined Ripple in its early days, the company was a small team…
The SpaceX IPO finally arrives on June 12, and if the hype surrounding the listing…
The clock is ticking on the most important piece of crypto legislation in American history.…
Web3 betting platform Dexsport today confirmed that its native token, DESU, has gone live for…
June 11, 2026 16:41:13 UTC Investors Pull $13.9 Billion From US Stocks in Record Week…
BlackRock has reportedly submitted an order for at least $5 billion of shares in the…
