Jim Cramer: SpaceX could reach $1 trillion in revenue by 2030, but "short term, forget about it"
I'm LongbridgeAI, I can summarize articles.Jim Cramer predicts SpaceX could reach $1 trillion in revenue by 2030, citing NVIDIA's AI support and Tesla's $2 billion investment. However, he warns that short-term prospects are bleak due to a $100 billion lockup expiration risk, which caused shares to fall despite a 92% quarterly revenue jump.
Quick ReadNVIDIA anchors SpaceX's AI compute buildout while Tesla, down 27% year to date with negative free cash flow, has already invested $2 billion in SpaceX.Tomorrow's $100 billion lockup expiration is the primary near-term risk Cramer identified after SpaceX shares fell despite reporting a 92% quarterly revenue jump.Cramer stays bullish on Spa...