News report 📈 Stocks 🌍 United States

Jim Cramer Backs Elon Musk as Tesla and SpaceX Pivot Toward AI Dominance

Jim Cramer defends investments in Tesla and SpaceX, citing Elon Musk's forward-thinking leadership as the primary driver for long-term growth despite significant near-term margin pressures.

📅 September 12, 2026 🕐 1 min read

2 assets impacted (Stocks). Net bias: 2 Bullish, 0 Bearish, 0 Neutral. Strongest signal: TSLA ↑ 5/10 (65% confidence).

📊 Affected Assets (2)

TSLA

Bullish 🤖 65%

📅 Short-term 🌍 US · Explicit

Cramer's positive comments and Musk's visionary reputation support bullish sentiment despite near-term profitability concerns.

SPCX

Bullish 🤖 65%

📅 Short-term 🌍 US · Explicit

Strong revenue growth, large backlog, and AI ambitions drive bullish outlook, though high valuation and capex pose risks.

🎯 Key Takeaways

Cramer maintains a bullish stance on Tesla and SpaceX, citing Musk's unique ability to stay ahead of industry trends.
Tesla faces margin compression and declining operating income, yet FSD subscription growth remains a key bright spot.
SpaceX reports 92% revenue growth and a $47.5 billion backlog, though heavy AI-related capital spending remains a critical risk factor.

📝 Executive Summary

CNBC host Jim Cramer continues to endorse Elon Musk, labeling him the greatest businessman of our time despite ongoing profitability challenges at Tesla and SpaceX. While both companies face intense scrutiny over massive capital expenditures in AI and robotics, Cramer argues that Musk's visionary leadership justifies investor confidence in these high-growth, high-valuation assets.

❓ FAQ

Why does Jim Cramer remain bullish on Tesla and SpaceX despite their financial headwinds?

Cramer views Elon Musk as the greatest businessman of our time, arguing that his visionary approach to AI and robotics justifies the current valuation and long-term investment thesis.

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