Very likely the bloodbath in the market today is because of SPACEX!

I am kind of thinking the bloodbath we saw today in the market is because of SpaceX IPO. I doubt the war between Iran vs the US/Israel allies has impact though not entirely. But the SpaceX IPO to me, is the elephant in the room. Folks might be gearing up for it by selling off their portfolios even at a loss because its Elon in the market! Who wouldn't want to buy Elon? The only antidote, I would think, is for other sectors to hike their share prices to ground investers especailly retailers, to s