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SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next

SpaceX's initial public offering this week is set to be the biggest ever in history, flooding the stock market with new shares that begs the question: where is the money going to come from? As far as Wall Street is concerned, the stock market has what it takes to absorb the new equity supply. In the 12 months to September 2025, S&P 500 companies issued roughly $1.7 trillion, or roughly $140 billion a month, according to Gavekal Research.

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