SpaceX stock is down this much since Jim Cramer called it a ‘monster'

Three days after SpaceX’s IPO and amid an initial rally, Jim Cramer called the stock a ‘monster’ on X at about $200. The upbeat media commentary is sentiment-positive but is unlikely to be a fundamental driver on its own, implying limited near-term impact outside the immediate hype.

Analysis

Three days after SpaceX’s IPO and amid an initial rally, Jim Cramer called the stock a ‘monster’ on X at about $200. The upbeat media commentary is sentiment-positive but is unlikely to be a fundamental driver on its own, implying limited near-term impact outside the immediate hype.