SpaceX IPO at $135 Risks $4 Trillion Spike, Cramer Warns
Updated
Updated · CNBC · Jun 11
SpaceX IPO at $135 Risks $4 Trillion Spike, Cramer Warns
2 articles · Updated · CNBC · Jun 11
Summary
$135-a-share SpaceX is set to start trading Friday at a $1.77 trillion valuation, but Jim Cramer warned the debut could jump to unsustainable levels within minutes.
4-times oversubscription, combined with institutional demand, retail enthusiasm and expected index buying, could drive a disorderly surge well beyond what Cramer considers a healthy IPO opening.
Market orders from inexperienced investors are a key risk, he said, because they can amplify buying pressure faster than limit orders and briefly inflate the stock toward a $4 trillion to $5 trillion value.
Figma in July 2025 and Cerebras in May followed a similar pattern of sharp early gains before a prolonged slide, which Cramer cited as a warning against chasing a spectacular first-day pop.
Cramer said the better outcome is a controlled debut that builds value over time, arguing that runaway first-day pricing can end disastrously for both the stock and late buyers.
With its AI division losing billions, is SpaceX's historic valuation a bubble or a fair price for future tech dominance?
With Musk holding 85% voting control, are investors funding a visionary's dream or a high-stakes gamble with little oversight?
SpaceX IPO 2026: Record $1.75 Trillion Valuation, Market Volatility, and the Future of Space Tech
Overview
On June 11, 2026, SpaceX launched its historic IPO on the Nasdaq under the ticker SPCX, aiming for a record-breaking $1.75 trillion valuation and raising up to $75 billion. This unprecedented scale immediately placed SpaceX among tech giants like Apple and Nvidia, reflecting immense investor interest and a significant market presence. The IPO’s ambitious goals, robust financials, and large capital raise signal a profound impact on global financial markets, while also introducing new risks and volatility. SpaceX’s debut marks a pivotal moment, reshaping expectations for future public offerings and the broader technology sector.