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SpaceX stock hits $200+ post-IPO, praised by Jim Cramer as a 'Monster' with strong growth potential.

Market News
16 Jun 2026
Finbold
View Source
Bullish
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SpaceX stock surpassed $200 for the first time since its recent IPO, drawing praise from Jim Cramer who called it a 'Monster' due to its strong performance. Despite concerns about it becoming a meme stock with limited sellers, SpaceX's fundamentals and investor interest remain robust. The company has a large share lockup period, limiting immediate supply, and Cramer predicts it could grow to rival Nvidia's market size. The stock's market cap reached about $2.5 trillion, with potential for further gains if investor demand continues.

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SpaceX IPO raises $75B at $2.1T valuation, shifting focus to AI over space ventures

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