CNBC's Jim Cramer said it is not too late to buy SpaceX if investors view the company as a long-term bet on space exploration. The comment comes amid growing interest in the private space sector.
SpaceX has become a dominant player in both satellite launches and crewed missions. Cramer's advice reflects a broader sentiment that while early entry was ideal, the company's potential remains significant.
No specific financial metrics or valuation were mentioned. Cramer's remark is notable for its timing as SpaceX continues to expand its Starlink network and prepare for future Mars missions.
The condition emphasizes patience over quick returns. Investors considering SpaceX should be prepared for a multi-year horizon as the company scales its operations.
Cramer did not address potential risks such as regulatory hurdles or competition. His call remains a single opinion in a complex market.