A market commentator warned that the upcoming SpaceX IPO could trigger selling across stocks and cryptocurrencies as investors raise cash to buy shares. The argument centers on the IPO’s reported $1.75–$2 trillion valuation and demand exceeding available shares by more than four times. Supporters of this view say oversubscribed investors may sell existing holdings to gain exposure. However, the claim that June 12 will be the “worst day for markets in history” remains speculative and unproven. Markets will closely watch trading activity after the IPO begins to assess whether it causes a broader liquidity shift.
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