SpaceX Float Surges 142% Post-Lockup as Cramer Cites Long-Term Value

SpaceX tradable shares jump to 1.55B after lockup expiry, adding $100B market value. Jim Cramer views stock as intergenerational asset but warns against short-term buying amid supply pressure.

Woofun AI reports that approximately 911.5 million SpaceX shares became tradable following the August 6 lockup expiry, increasing the company's float from 639 million to 1.55 billion shares and adding over $100 billion in market value. Financial commentator Jim Cramer characterized SpaceX as an "intergenerational asset" comparable to historical railway bonds, citing potential drivers such as Starlink, AI infrastructure, and lunar commercial activities.

However, he advised investors against immediate purchases, noting that the recent supply increase could depress prices. SpaceX stock has declined for five consecutive weeks, dropping 13.61% after its first quarterly earnings report revealed capital expenditures exceeding expectations by more than $5 billion.