news

Cramer Backs SpaceX for Long-Term Investment

The SpaceX Bet: A Gamble on Musk's Visionary Longevity The recent earnings report from Elon Musk's SpaceX has sent shockwaves through Wall Street, with shares plummeting 13.

6% after revealing sharply higher capital expenditures.

However, CNBC's Jim Cramer has come to the company's defense, urging investors to adopt a long term perspective and view SpaceX as a 100 year investment opportunity.

Read the full story

Read on Heralz →