U.S. stocks erase $2.1 trillion intraday after Trump says Iran shot down a U.S. Apache helicopter, with SpaceX pre-IPO selling adding pressure
first published 2026-06-09T17:21:25Z
U.S. equities suffered a sharp intraday reversal on Monday, losing about $2.1 trillion in market value after President Trump said Iran shot down an American Apache helicopter in the Strait of Hormuz. The selloff also coincided with pre-IPO selling tied to SpaceX’s planned listing as investors raised cash ahead of the offering and its expected index inclusion.
AI Analysis
The summary describes a sudden, large-scale market selloff driven by a geopolitical headline and related pre-IPO selling, both of which can affect short-term risk appetite and liquidity.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
