Financial Mirror12 Jun 2026

SpaceX lift-off could drain market liquidity, trigger volatility

SpaceX lift-off could drain market liquidity, trigger volatility

Friday’s historic SpaceX IPO, which will make Elon Musk the world’s first trillionaire, could drain liquidity out of markets, causing fresh volatility, and hitting investor portfolios, the CEO of leading financial advisory deVere Group has warned.

SpaceX begins trading following the largest initial public offering ever undertaken, raising $75 bln and instantly becoming one of the most influential stocks on Wall Street....

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