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Why Wall Street is Shunning SpaceX

Jun 26, 2026
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City AM

Elon Musk became the world's first trillionaire for exactly seven days following the massive SpaceX ($SPCX) IPO - and then it all started to unravel. After a staggering 50% initial surge, shares plummeted 24%, wiping out billions in market cap. But the real threat isn't just for day traders. Millions of regular Americans are about to find their 401(k)s, retirement accounts, and major index funds forced into Musk’s high-risk, debt-fueled ecosystem. #SpaceX #ElonMusk #SPCX #StockMarket #Investing #401k #TechBubble #Tesla #USInvestors 0:00 - The Shocking 24% SpaceX Collapse 0:48 - Why Big Tech IPOs Are Market Traps 1:35 - The 401(k) Threat: Forcing SpaceX into Index Funds 2:15 - The Desperation Behind the Tesla-SpaceX Merger Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam
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