SpaceX’s Historic IPO Will Trigger a Nasdaq Sell-Off? Says Analyst Michael Burry

12-Jun-2026 CoinPedia
A SpaceX rocket taking off next to a portrait of Elon Musk.

The post SpaceX’s Historic IPO Will Trigger a Nasdaq Sell-Off? Says Analyst Michael Burry appeared first on Coinpedia Fintech News

The biggest IPO in market history is finally here. Elon Musk’s SpaceX began trading on Nasdaq at $135 per share, raising $75 billion and achieving a massive $1.77 trillion valuation.While the launch has generated huge excitement, Chart analyst Michael Burry says that the Nasdaq 100 could face a massive sell-off before a major buying event …

Also read: CoreWeave (CRWV) Stock; Steady following $3.6B junk bond issuance for aggressive AI expansion
WHAT'S YOUR OPINION?
Related News