Investors Dump Nvidia, Apple and Amazon for SpaceX's Anticipated $4 Trillion Debut
Updated
Updated · Benzinga · Jun 5
Investors Dump Nvidia, Apple and Amazon for SpaceX's Anticipated $4 Trillion Debut
3 articles · Updated · Benzinga · Jun 5
Summary
$4 trillion is the valuation investors are bracing for as SpaceX nears a public debut, prompting selling in Nvidia, Apple, Amazon and Microsoft to free up cash.
Jim Cramer said the risk is less SpaceX's potential than investor behavior: a Musk-fueled IPO could pull money from established winners rather than attract fresh capital.
That rotation is striking because Nvidia is central to the AI boom, while Microsoft and Amazon are spending tens of billions of dollars on AI infrastructure and Apple remains among the world's most valuable companies.
If SpaceX debuts near that level, it would rank among the world's most valuable companies, with bulls citing launch dominance, Starlink growth and Musk's AI ambitions.