Gargoyle|Jun 10, 2026 09:57
SPACEX IPO IS THE CATALYST FOR THE S&P 500 DUMP
Every major market top needs a final catalyst
In 2 days SpaceX provides one
$1.75T valuation going public into a market that has no room for it
The money has to come from somewhere - and equities are where it lives
And the insiders know it
95% of shares locked in private hands with an unlock schedule that starts immediately
$1.66T of wealth waiting for the first legal exit window
They built the perfect IPO structure for one purpose - to get out
I'm watching this closely - follow so you don't miss the update(Gargoyle)
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