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REDDIT

Stocks being sold to buy into $SPCX?

A
Jun 5, 2026 · 17:07

Is the whole market red simply because everyone is selling their other stocks to buy into the SpaceX IPO next week?

I know I am. I might be crazy for selling stable stocks to buy as much as I can.

I just sold my $UNH position to put it all into $SPCX. Or is this just me hoping everyone else is making the same bad judgments as I am?

Or is there a genuine fundamental weakness dragging down the market right now? I am curious to hear how others are positioning their portfolios ahead of June 12th.