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Jim Cramer warns SpaceX IPO could disrupt markets without no lock-up rules to prevent a $3 trillion valuation frenzy.

Market News
07 Apr 2026
Rishabh Mishra
View Source
Bearish
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Jim Cramer cautions that the upcoming SpaceX IPO, potentially valued between $1.75 trillion and $2 trillion, could cause market instability if lock-up restrictions are not removed. He fears limited initial shares combined with huge demand might inflate SpaceX's market cap to $3 trillion, forcing major index rebalancing and draining capital from other stocks, especially Tesla. The IPO wave including OpenAI and Anthropic raises concerns about market absorption. Investors should watch for how these mega-IPOs are spaced out to avoid market disruption.

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