The Daily Drawdown

SpaceX Shock and Market Rotation


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The biggest practical story right now is that one IPO just changed market structure, options flow, and sector liquidity all at once. At the same time, Washington is leaning harder into AI controls, the Fed is reopening the balance-sheet question, and oil just got a fresh geopolitical discount.
• SpaceX IPO and market structure
• SpaceX options and what to watch
• AI hardware, memory, and Qualcomm
• AI policy and inflation risk
• Fed transition and quantitative tightening
• Iran, oil, and commodities
• Capital rotation, market plumbing, and crypto rules
Sources:
• Worldwide Exchange — Morning Call 6/16/26: https://www.cnbc.com/
• Squawk on the Street — 11AM Hour: Former Fed Governor Stephen Miran, Qualcomm’s AI Device Roadmap, Energy Markets React to U.S.-Iran Talks 6/16/26: https://www.cnbc.com/
• Squawk on the Street — 10AM Hour: SpaceX Surpasses Amazon & Microsoft Market Caps, Coinbase CEO, Trump on Netanyahu Relationship 6/16/26: https://www.cnbc.com/
• Halftime Report — The Rally's Road Ahead: How to Position Near Record Highs 6/16/26: https://www.cnbc.com/
• Squawk Pod — SpaceX Making IPOs Great Again & Does Your Dog Love You? 6/16/26: https://www.cnbc.com/
• CNBC's "Fast Money" — SpaceX Impact On The Rest Of Techy… And Will the Crypto Winter Thaw? 6/16/26: https://www.cnbc.com/
• Closing Bell — Closing Bell: 6/16/26: https://www.cnbc.com/
• Squawk on the Street — 9AM HOUR: SpaceX Tops Microsoft & Amazon, G7 Meeting Continues, Robinhood Announces Job Cuts 6/16/26: https://www.cnbc.com/
• Closing Bell — SpaceX Fever Grows and the Fed Turns a New Page 6/16/26: https://www.cnbc.com/
• Power Lunch — Dow rises to another record high ahead of Wednesday’s Fed Decision 6/16/26: https://www.cnbc.com/
• Squawk on the Street — CNBC Investing Club: Cramer’s Morning Take on Intel 6/16/26: https://www.cnbc.com/
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The Daily DrawdownBy Podkey