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Elon Musk’s $SPACEX IPO is reportedly drawing enormous demand — nearly $250 billion, far above the ~$75 billion benchmark often compared to Bitcoin. Shares are rumored to be priced around $135, implying a valuation approaching $2 trillion, which could make it the largest IPO in history. Pricing is expected on June 11, with a potential listing on June 12 under ticker $SPCX . At the same time, AI momentum continues to accelerate. Giants like OpenAI and Anthropic are fueling a wave of excitement across AI-linked equities, adding even more heat to IPO markets. But not everyone sees this as bullish. Some argue the hype is becoming excessive, with capital rotating out of crypto and into equities — increasing the risk of a sentiment-driven correction if expectations cool. And macro risks are quietly building. Tensions in the Strait of Hormuz continue to rise, threatening a route responsible for roughly 20% of global oil shipments. Any disruption could trigger a spike in oil prices, push markets into risk-off mode, and pressure both equities and crypto. The question now: Are markets entering a new growth phase — or drifting into peak euphoria? 👀 #SpaceXIPOvsOpticsCrash #HormuzStrikeRiskOff #HayesRealityTest