Jim Cramer has blunt response to SpaceX stock surge

SpaceX has hit a $2.3 trillion valuation almost overnight, but this isn't a sign of stability—it’s trading exactly like a meme stock. Despite its massive size, the surge is driven by momentum and speculation rather than fundamentals, mirroring the volatile behavior of meme coins. When a company moves toward the size of Nvidia through overnight jumps with no sellers, it’s no longer a traditional investment. Is SpaceX a legitimate aerospace titan or just the world’s largest meme stock?
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