UNICORN⚡️🦄|Jun 01, 2026 04:14
Goldman Sachs just quietly warned clients:
Big funds are selling GOOGL, NVDA, and other mega-cap stocks to raise cash specifically for buying into SpaceX's IPO on June 12.
This is a pattern:
Before major IPOs, cash reserves increase, and existing stocks get sold off.
If you’re not buying SpaceX,
you’re unknowingly funding it by holding Nvidia and Alphabet.
But with SpaceX’s $1.8 trillion IPO valuation, it’s starting to feel like Elon Musk’s personal MEME stock.
SpaceX:
2025: Net loss of $4.9 billion
Q1 2026: Net loss of $4.3 billion
Priced at 94x revenue, projecting decades of growth—financial analysis doesn’t really apply here, it’s all about FOMO vibes.
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