Seems I and a few others got the numbers badly wrong….Musk is looking to raise @ $ 75 Billion, which would give Space X a valuation of $ 1.75 to $ 2 Trillion….he is not raising $ 1.75 Trillion plus….and the IPO has yet to have a hard date…but looks like late June…..so all that selling was note necessarily down to Space X…especially as there is no hard date yet…
https://www.fool.com/investing/2026/04/27/spacex-ipo-timeline-every-important-date-need-know/
