Jim Cramer highlights how rising borrowing costs are dividing the stock market into two groups: traditional companies constrained by higher bond yields and AI-related firms largely insulated from these pressures. While sectors like finance, housing, and retail face challenges due to credit sensitivity, AI companies including data center builders and semiconductor firms continue to access capital easily. SpaceX exemplifies this trend, potentially borrowing $40 billion at attractive rates despite a BBB credit rating, thanks to strong demand for AI growth. This split explains why AI stocks lead the market to new highs, while other sectors struggle under higher borrowing costs.
SpaceX (SPCX) shares on Pluang are trading at USD 167.66 as of Oct 08, 2026 05:51 WIB, down 2.52% for the day and below their 52-week high of USD 202.09 but well above the 52-week low of USD 108.27. This price action illustrates the mixed market environment Jim Cramer describes, where AI-related firms like SpaceX maintain strong valuations despite some daily pullbacks, contrasting with other sectors more affected by rising rates. Investor activity on Pluang shows a majority selling at 66%, reflecting cautious sentiment even as SpaceX remains a leader in the industrials sector tied to AI growth.
Elon Musk revealed that SpaceX might acquire an established telecom company to utilize its spectrum ten times more effectively, though no specific target was named. SpaceX already owns significant spectrum licenses and plans to close on more by mid-2...
At the Baron Investment Conference, billionaire Ron Baron estimated Elon Musk's Terafab chip venture could cost $1 trillion over time, a figure Musk did not dispute. Terafab aims to produce a terawatt of AI chips annually, vastly exceeding current gl...
AST SpaceMobile announced plans to develop its own reusable rocket, Blacklift, powered by Firefly Aerospace engines, targeting launches starting in late 2028. This move aims to reduce dependence on SpaceX and other launch providers but involves signi...
Donald Harrison, Google's president of global partnerships, resigned from SpaceX's board after nearly 12 years, leaving Alphabet without a direct board seat despite increasing its SpaceX stake. The departure comes as Alphabet expands its commercial t...
Alphabet increased its holdings in SpaceX to 555 million shares valued at $83.7 billion as of September 2026, making it its largest equity position despite a decline in value due to share price changes. The move coincides with SpaceX's strong Q3 reve...
