economy
Jim Cramer says investors should consider buying SpaceX for their kids
CNBC’s Jim Cramer said investors should view SpaceX as a multigenerational investment, whose biggest opportunities may take decades to fully materialize.
TL;DR
- Jim Cramer suggests investors should think in decades, not quarters, when considering SpaceX.
- SpaceX's long-term value is tied to Elon Musk's ability to build transformative businesses.
- Despite recent stock performance and upcoming share unlocks, the focus should be on future potential.
- Key growth opportunities include Starship, Starlink, and SpaceX's expanding compute footprint.
- Cramer is confident in Musk's ability to raise capital for these long-term projects.