SpaceX surges after its historic IPO. Here's what experts are saying
Speakers
Jim Cramer
— Host, Mad Money
Summary
The video covers SpaceX's record IPO, with one speaker treating it as the dawn of a space-based economy and a long-term buy, while a second speaker acknowledges huge growth potential but warns the valuation is already too rich.
- SpaceX IPO priced at $135, opened at $150, market cap near $1.7-2 trillion
- First speaker (Jim Cramer) describes SpaceX as creating a whole new space economy with Starlink, direct-to-cell, and space data centers
- Cramer holds his stake and recommends buying for 1-2 years, seeing it as a well-priced deal, not a get-rich-quick scheme
- Second speaker admires the engineering but sees the $1.8 trillion valuation as richly priced even with optimistic projections
- Compares SpaceX to Nvidia three years ago, forecasting explosive revenue growth from current levels
- Overall sentiment: long-term bullish thesis but caution on near-term entry price
Ideas
SpaceX's IPO marks the beginning of a new space economy with multiple revenue streams—Starlink internet, direct-to-cell, and space data centers via Starship. The company keeps discovering new money-making opportunities, analogous to the British East India Company. The $1.7 trillion valuation is not inadequate, the deal is well-priced, and he advises buying for 1–2 years for competitive returns, not a get-rich-quick scheme.
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This CNBC video, published June 12, 2026, features Jim Cramer discussing SPCX. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: SPCX