Anthropic · Cerebras · Starlink · OpenAI · SpaceX · Elon Musk · CNBC Technology
CNBC's Jim Cramer said Friday he is growing increasingly concerned about signs of speculative excess in the IPO market
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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 SpaceX could fuel another wave of speculative buying.
Key facts
- Cramer noted that various media reports suggest the offering could value SpaceX, home to Starlink satellite internet, social-media site X, and the Grok chatbot, between $1.75 trillion and $2 trillion
- If SpaceX issues a sliver of stock.this company could have a $5 trillion valuation," he said
- 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 SpaceX could fuel another wave of speculative buying
Summary
CNBC's Jim Cramer said Friday he is growing increasingly concerned about signs of speculative excess in the IPO market. SpaceX is expected to go public in June and could release its prospectus as soon as next week, Thursday. Cramer noted that various media reports suggest the offering could value SpaceX, home to Starlink satellite internet, social-media site X, and the Grok chatbot, between $1.75 trillion and $2 trillion. "If SpaceX issues a sliver of stock.this company could have a $5 trillion valuation," he said.