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Jim Cramer Says SpaceX Is a ‘Meme Stock.’ He Couldn’t Be More Wrong.
Key takeaways
- Jim Cramer Says Space X Is a ‘Meme Stock.’ He Couldn’t Be More Wrong.
- Space X President Gwynne Shotwell prioritizes long-term returns over quarterly results, evidenced by the company s $60 billion Cursor acquisition days after its IPO.
- Unlike Game Stop s Reddit-driven surge, SpaceX deploys capital aggressively to build durable competitive advantages rather than relying on social media attention.
Jim Cramer Says Space X Is a ‘Meme Stock.’ He Couldn’t Be More Wrong. Rich Duprey Tue, June 16, 2026 at 11:31 PM GMT+7 4 min read SPCX GME NVDA AMC Quick Read Space X gained nearly $900 billion in market cap within days of its IPO, backed by 6 real business segments spanning launch, Starlink, and AI.
Space X President Gwynne Shotwell prioritizes long-term returns over quarterly results, evidenced by the company s $60 billion Cursor acquisition days after its IPO.
Unlike Game Stop s Reddit-driven surge, SpaceX deploys capital aggressively to build durable competitive advantages rather than relying on social media attention.
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