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Jim Cramer Says SpaceX 'Could Not Maintain Its Meme Status' As Rally Stalls: 'Too Many Sellers'

Summary by Benzinga
TV host Jim Cramer on Wednesday said that Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) could not sustain its “meme stock” status following its decline. SpaceX’s Meme Stock Status Could Not Be Sustained In a post on X, Cramer expressed his views on SpaceX’s decline following days of sizeable gains in value. “SpaceX could not maintain its meme status,” the TV host said. He added that the stock was unable to “sustain the walk up…
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Benzinga broke the news in New York, United States on Thursday, June 18, 2026.
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