SpaceX is set to make its highly anticipated IPO (Initial Public Offering) later today, June 12, 2026. Many anticipate the company to trade above a $2 trillion valuation upon going public. The SpaceX IPO has also led to theories about a liquidity drain. Cryptocurrencies and the stock market faced substantial liquidations which many say could be due to the upcoming largest IPO in history. Let’s discuss if today’s SpaceX IPO will impact Micron’s (MU) stock price.

Will The SpaceX IPO Impact Micron’s Stock Price?

SpceX IPO stock price
Source: NDTV Profit

The SpaceX IPO aims to be the largest in finance history. If the company hits a $2 trillion valuation, it could lead to Elon Musk becoming the first trillionaire in human history. According to Reports, BlackRock has placed an order for $5 billion worth of SpaceX shares.

There has been talk about the upcoming US IPOs impacting the larger financial markets. Apart from SpaceX, Anthropic and OpenAI are also heading for the respective initial public offerings. Some analysts point to these IPOs for the current liquidity drain in the financial markets.

While a liquidity drain ahead of SpaceX’s IPO is possible, there are other factors that may have also triggered the recent market dips. The first being rising inflation in the US. CPI (Consumer Price Index) figures increased to 4.2% in May, which may lead to higher interest rates for longer.

Another reason for the market dip is the re-escalation of the US-Iran conflict. The war could lead to increased crude oil prices, which may further strain the economy.

Also Read: Micron Stock Price Prediction 2026, 2027, 2028: Massive Upside?

Micron (MU) has displayed incredible growth over the last few months. Although the asset has faced a correction after the recent market dip, many anticipate the asset to continue its upward trajectory in the coming months. While SpaceX may take the spotlight for the next few weeks, Micron (MU) is expected to regain its momentum very soon.