Mad Money 06/11/26 | Audio Only

Summary

Jim Cramer warns about SpaceX’s upcoming IPO potentially overheating and causing pain. He interviews Honeywell CEO Vim Kapoor, who makes the case for a unique pure-play automation company after the aerospace spin-off, and Cramer reveals his charitable trust holds a large position. Market technician Jessica Insk shows that the S&P 500 remains in a bullish cycle but highlights a near-term liquidity crunch from IPO/tax settlements. In the Lightning Round, Cramer endorses Microchip Technology and pans Fluence Energy.

• SpaceX IPO could run to unsustainable levels due to institutional, retail, and forced index buying; extreme caution advised on the first trading day.
• Honeywell’s post-spin automation pure play has mission-critical demand, LNG dominance, and a long secular growth runway; Cramer’s trust owns it and wants to add.
• Jessica Insk sees the S&P 500 in a bullish trend as long as key moving averages and pre-Iran support hold.
• Cramer and Insk flag a possible liquidity crunch on June 15 caused by the SpaceX IPO settlement, quarterly tax payments, and Treasury settlements.
• Cramer gives Microchip Technology a buy recommendation as an industrial internet play.
• He is bearish on Fluence Energy due to lack of profitability, seeing no catalyst for the stock to rise.
• Oil and Iran headlines remain volatile, but Cramer notes a contrarian Chevron rule based on Trump’s statements, not currently actionable.