Cramer: Never has an IPO captivated Wall Street as much as SpaceX
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer discusses SpaceX's historic IPO, expressing strong bullishness on the stock based on Elon Musk's track record. He speculates on potential follow-on capital raises by AI companies like Anthropic, Microsoft, Meta, and Amazon, and suggests retail investors seek IPO allocations.
- SpaceX IPO captivated Wall Street and Main Street.
- Cramer is bullish on SpaceX, citing Musk's superior ideas and execution.
- Betting against Musk has historically been a losing strategy.
- Positive market reaction on the day of the SpaceX debut.
- Cramer expects potential IPOs from AI companies like Anthropic.
- Speculation that Microsoft, Meta, Amazon may issue stock to fund AI investments.
- Retail investors advised to ask brokers about obtaining IPO allocations.
Ideas
Elon Musk has superior ideas and execution; historically betting against him has been a terrible strategy, and the SpaceX IPO is likely to have positive repercussions and implications, making it a compelling investment.
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This CNBC video, published June 13, 2026, features Jim Cramer discussing SPCX. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: SPCX