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Cramer’s Generational SpaceX Bet | Durham News
Jim Cramer’s bold bet on SpaceX: Buy now, pass it down to your kids. He’s comparing it to historic railroad bonds — a long-term play where patience beats quarterly swings. SpaceX’s stock rode a wild rollercoaster after its IPO, soaring past $225 then crashing to $104, fueled by massive spending and a $541M loss. While Cramer sees future upside in space-based AI and a Louisiana mega-port, Wall Street’s shaken by cash burn and incoming shares flooding the market. His advice? Only invest what you can afford to lose for decades — because this isn’t about quick gains, it’s about trusting Elon…
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