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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 6/12/26

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 12 June 2026

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Mad Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

My mission is simple, to make you money. I'm here to level the playing field for all investors.

0:08.0

There's always a little market somewhere, and I promise to help you find it. Mad Money starts now.

0:16.6

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer. Other people make friends, I'm just trying to Welcome to Mabmoney. Welcome to Kramer.

0:22.8

Other people make friends? I'm just trying to make a little bit of money. My job is not just to entertain, but to educate you some teach and calling.

0:28.6

1-800, 7443C. tweet me at Jim Kramer. Never has one initial public offering captivated the minds of Wall Street and perhaps Main Street as much

0:38.5

as Elon Musk, SpaceX, which became a publicly traded stock right before noon today.

0:47.1

The underwriter's Goldman Sachs and Morgan Stanley put on a clinic about how to do a deal and

0:51.2

helped by the possibility of a peace agreement with Iran,

0:59.0

the session turned out to be a good one. Dow gaining 354 points has to be climbing 0.5% and the NASDAQ advancing 1%.

1:00.9

Sure, some cold SpaceX overvalued, others ridiculed the buyers. Me? Listen, there's Musk,

1:06.9

and then there's everyone else. Musk has the ideas and the execution.

1:12.2

Historically betting against him's been a terrible strategy.

1:14.8

Betting with him?

1:16.1

Hey, why the heck not?

1:17.3

I'm surprised he even lets us tag along.

1:20.0

I think this deal could have some real positive repercussions and implications.

1:24.2

So let's go and see, take a look at our game plan about what we think is going to

1:30.7

happen now. First, we're going to have to deal with the positive fallout of the SpaceX

1:34.7

sale. So many negative flaws. Now this is positive fallout. Bankers work fast these days.

1:39.0

It wouldn't shock me if we hear from some of those hyperscalers that need to raise money or even

1:44.0

from, yes, anthropic, which may want to strike while the iron's hot and start raising some money. Now, these companies all lined up to do business, believe me. Yes, it really works that way. The people who are invested in anthraic will be agitating for a chance to ring the register with an IPO. No need to wait. Let's just look for that chatter. Remember, Microsoft, Meta, Amazon. They may also want to raise money to pay for their AI investments. I don't know if they can resist selling stock after seeing how SpaceX played out so positively. Hey, by the way, if you want a piece of the anthropic deal, try to figure out who got SpaceX from your brokerage. Just call your broker and ask what you can do to make it happen for the next deal. Sooner rather than later, please, they will tell you. Now, like everyone else, I'm hopeful that the war with Iran is coming to an end. Come Monday, we'll know more about it than we do tonight. I'm skeptical as the hardliners in Iran clearly don't want peace. But if we do get peace, the first thing you have to realize is the process toward lowering inflation will begin with the collapse and the price of oil. I know a lot of people believe that inflation has become embedded. I think they're dead wrong. All during this period since the war began,

2:50.9

the world has frantically tried to produce more oil. And you know what? It's happening.

...

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