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Jim Cramer says investors should consider buying SpaceX for their kids

Jim Cramer argued that SpaceX should be treated as a long-duration, multigenerational investment rather than a short-term trade, saying investors should think in decades. The article notes SpaceX shares fell 13.6% after its first earnings report since the June IPO, even though revenue beat expectations, because capital expenditures were much higher. Cramer acknowledged near-term pressure could continue as about 911 million previously locked-up shares become eligible to trade. Still, he remains constructive on the company’s long-term prospects, citing Starship, Starlink, and expanding compute infrastructure as major growth drivers. He also said Musk’s ability to raise capital increases confidence in SpaceX’s future value, and mentioned compute-rental agreements with Anthropic and Google as evidence of broader monetization potential.

Category

SpaceX

Sentiment

Bullish

Event

Institutional outlook

Reading time

1 min