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Elon Musk’s SpaceX IPO is reportedly attracting massive demand—around $250 billion, roughly four times the $75 billion benchmark often compared to Bitcoin. Shares are said to be priced near $135, implying a valuation close to $2 trillion, potentially making it the largest IPO ever, with pricing expected on June 11 and a listing on June 12 under the ticker SPCX.
At the same time, AI giants like OpenAI and Anthropic are fueling momentum, contributing to a broader surge in AI-related IPO excitement.
However, this surge has sparked debate. Some believe the hype may be overheating markets, with capital rotating out of crypto and into equities—raising concerns about a possible sentiment-driven pullback.
Meanwhile, rising tensions in the Strait of Hormuz are adding another layer of uncertainty. Since roughly 20% of global oil flows through this route, any disruption could send oil prices soaring and push markets into risk-off mode—putting pressure on both stocks and cryptocurrencies.
#SpaceXIPOvsOpticsCrash
#HormuzStrikeRiskOff
#HayesRealityTest
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