source avatarKing of the Charts - The Michael Burry of Bitcoin

Share

. The SpaceX IPO Could Trigger a Tech Selloff The NASDAQ 100 could sharply selloff ahead of the SpaceX IPO, a week from this Friday on June 12th. Big tech winners could selloff in order for fund managers to raise money for the SpaceX ( SPCX ) IPO. While the prevailing narrative predicts a massive post-IPO rally, the sheer scale of the listing could trigger a sharp tech selloff beforehand as investors scramble to raise cash. #SpaceX $SPCX $SPX $SPY $QQQ $NDX #SP500 #SPCX

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.