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Jim Cramer fears SpaceX's IPO could be 'destructive' for the rest of market

CNBC · May 15, 2026, 11:05 PM · Also reported by 1 other source

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  • CNBC's Jim Cramer said Friday he is growing increasingly concerned about signs of speculative excess in the IPO market.
  • The "Mad Money" host warned he didn't want to "end up with another Cerebras," arguing that the highly anticipated debut of Elon Musk's Space X could fuel another wave of speculative buying.

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CNBC's Jim Cramer said Friday he is growing increasingly concerned about signs of speculative excess in the IPO market.

The "Mad Money" host warned he didn't want to "end up with another Cerebras," arguing that the highly anticipated debut of Elon Musk's Space X could fuel another wave of speculative buying.

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