Jim Cramer’s 22 Stock Calls Including Meta, NVIDIA, and AI Opportunities in the Neocloud Space

16. Space Exploration Technologies Corp. (NASDAQ:SPCX)

Space Exploration Technologies Corp. (NASDAQ:SPCX) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds. Cramer mentioned the company during the episode and said:

SpaceX is now in the same business as well, and it’s allowing them to totally change the economics of their XAI business. Normal neocloud contracts average somewhere between 12 to 15 billion per gigawatt. But when you look at the SpaceX deals with Anthropic and Google… three or four times that. Jeez, that’s a lot of money. Of course, most of the neoclouds can’t play that game. They need long-term offtake agreements to finance their building. But SpaceX, Meta, and Oracle have deep enough pockets to make this happen.

Space Exploration Technologies Corp. (NASDAQ:SPCX) manufactures and launches reusable spacecraft for orbital payloads and government missions, and provides satellite-based broadband internet. Additionally, it operates an artificial intelligence platform comprising computational infrastructure, user applications, and the X information network.