Jim Cramer advised that it's not too late to invest in SpaceX, emphasizing that investors should view it as a long-term bet on space exploration rather than a traditional stock focused on near-term profits. SpaceX debuted on Nasdaq with a market cap of $2.1 trillion, sparking concerns about its high valuation relative to current financial performance. Cramer highlighted that investors are buying into Elon Musk's vision and future projects, accepting potential losses in the near term. He also praised the IPO management by Goldman Sachs and Morgan Stanley for balancing demand and avoiding chaotic price surges.
Space stocks fell sharply after SpaceX began trading publicly under the ticker SPCX, with shares rising 25.77% but triggering profit-taking in other space companies. A short seller report from Fugazi Research criticized six space-related stocks, call...
SpaceX is choosing to focus on long-term growth rather than immediate profitability, similar to Amazon's approach in its early years. Experts say SpaceX could be profitable now if it reduced spending on projects like Starship and AI infrastructure, b...
SpaceX's historic IPO has generated significant financial gains for thousands of current and former employees who received stock as part of their compensation. This includes not only engineers and designers but also support staff like baristas and ja...
SpaceX began trading on the stock market at $150 per share, above its IPO price of $135, marking the largest public offering in history and valuing the company at about $1.96 trillion. The shares quickly rose to $165, reflecting strong demand that ex...
Elon Musk became the world's first trillionaire following SpaceX's successful IPO, yet Tesla's stock has underperformed in 2026, down 11% while the broader market rose. Tesla's high valuation and mixed business signals, including declining energy rev...
