SpaceX’s Historic IPO Will Trigger a Nasdaq Sell-Off? Says Analyst Michael Burry

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A SpaceX rocket taking off next to a portrait of Elon Musk.

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The biggest IPO in market history is finally here. Elon Musk’s SpaceX began trading on Nasdaq at $135 per share, raising $75 billion and achieving a massive $1.77 trillion valuation.While the launch has generated huge excitement, Chart analyst Michael Burry says that the Nasdaq 100 could face a massive sell-off before a major buying event …

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