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A 40% market crash is lurking in the IPO pipeline. SpaceX and OpenAI could trigger it.

MarketWatch · Jun 22, 2026, 11:56 AM · Also reported by 4 other sources

Prior records for U.S. equity issuance came in 1929 and 2000 — and we all know what happened next.

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A 40% market crash is lurking in the IPO pipeline. SpaceX and OpenAI could trigger it.

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