---
title: "Jim Cramer Has Meme Stock Worries About SpaceX, While Ross Gerber Says 'No One' Is Talking About Tesla Anymore"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290016301.md"
description: "Investor Ross Gerber claims market attention has shifted from Tesla to SpaceX, calling the latter a more compelling story. Conversely, Jim Cramer warns that SpaceX is trading like a 'meme stock' due to retail hype. Despite warnings, SpaceX shares rose nearly 5% following its record $75 billion IPO, while Tesla declined slightly. Speculation continues regarding a potential merger between the two Musk-controlled companies."
datetime: "2026-06-17T07:21:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290016301.md)
  - [en](https://longbridge.com/en/news/290016301.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290016301.md)
---

# Jim Cramer Has Meme Stock Worries About SpaceX, While Ross Gerber Says 'No One' Is Talking About Tesla Anymore

Investor **Ross Gerber** said Tuesday that market chatter has shifted away from Tesla Inc. (NASDAQ:TSLA) and toward SpaceX (NASDAQ:SPCX), arguing that **Elon Musk's** newly public space company now offers investors the more compelling story.

## Gerber Says SpaceX Owns Musk Narrative

"No one wants to talk about Tesla anymore. Just SpaceX SpaceX. Why blame them, it is a more exciting story…" Gerber wrote on X.

> No one wants to talk about tesla anymore. Just SpaceX SpaceX. Why blame them, it is a more exciting story… $SPCX $TSLA
> 
> — Ross Gerber (@GerberKawasaki) June 16, 2026

The Gerber Kawasaki investor made a sharper version of that argument Monday in a Bloomberg interview, saying Tesla is "worthless" without a merger with SpaceX. In April, he suggested such a transaction would likely look less like a merger of equals and more like SpaceX absorbing Tesla into a broader Musk-controlled structure.

Metric Since SpaceX IPO

TSLA

SPCX

Latest price

$404.66

$201.80

Price change since June 12

\-0.44% from June 12 close

+49.48% from $135 IPO price

Trading volume since June 12

About 149.5 million shares

About 1.10 billion shares

P/E ratio

371.25

Not meaningful, no positive TTM P/E listed

_Data: Benzinga Pro_

**Read Also: Michael Burry Describes SpaceX As A 'Small Space Company' And A 'Bedeviled' Telecom: Considered Betting Against It But Options Were Too Expensive**

## Tesla SpaceX Merger Chatter Remains Mostly Speculative

A Tesla-SpaceX combination remains speculative. But several Musk watchers have argued the companies could move closer together. Wedbush analyst **Dan Ives** last month put the odds of a tie-up at roughly 80%, saying Musk's businesses already share connective tissue across artificial intelligence, robotics, chips, energy and data infrastructure.

The SpaceX frenzy has also drawn warnings. CNBC's **Jim Cramer** said Tuesday that SpaceX is trading like a "meme stock," a term for shares that surge on retail investor enthusiasm and social media hype, as **GameStop Corp.** (NYSE:GME) famously did.

> Maybe it's okay to you, but I would hate to see a meme stock–what SpaceX stock has become–walked to the size of Nvidia over a series overnight moves with no sellers. But that seems to be the goal. Maybe early release of those who want to go?? I am uncomfortable watching a stock…
> 
> — Jim Cramer (@jimcramer) June 16, 2026

Cramer said on X that he would "hate to see a meme stock—what SpaceX stock has become—walked to the size of **NVIDIA Corp.** (NASDAQ:NVDA) over a series of overnight moves with no sellers."

## Meme Stock Warnings Follow Record IPO

**Anthony Pompliano** took the opposite view, calling SpaceX "the first mega meme stock." He argued Musk could use the attention and capital to pursue projects such as Mars settlement, satellite internet and broader access to intelligence.

Pompliano also said Sunday that Musk should merge Tesla and SpaceX, giving public investors one vehicle to back what he called "this generation's greatest entrepreneur."

SpaceX went public last Friday after raising $75 billion in the largest IPO on record. The stock opened at $150 and reached $176.52 on its first day of trading.

**Price Action:** Tesla shares closed 1.58% lower on Tuesday at $404.66, falling another 0.45% to $402.85 in after-hours trading. Meanwhile, SpaceX shares climbed 4.83% higher on Tuesday to $201.80, climbing by another 2.06% to $205.95 in after-hours trading.

**Benzinga Edge Stock Rankings** show SPCX stock has a positive price trend across the short, medium and long-term.

**Read Also: Elon Musk's SpaceX Dominates Retail Trading, But Analyst Sees Echoes Of The Meme Stock Era**

_Photo courtesy: katz / Shutterstock.com_

### Related Stocks

- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)
- [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md)
- [TSL.US](https://longbridge.com/en/quote/TSL.US.md)
- [TSLS.US](https://longbridge.com/en/quote/TSLS.US.md)
- [07766.HK](https://longbridge.com/en/quote/07766.HK.md)
- [TSLZ.US](https://longbridge.com/en/quote/TSLZ.US.md)
- [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md)
- [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md)
- [TESL.US](https://longbridge.com/en/quote/TESL.US.md)
- [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md)
- [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md)
- [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md)
- [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md)
- [TSLI.US](https://longbridge.com/en/quote/TSLI.US.md)
- [TSLO.US](https://longbridge.com/en/quote/TSLO.US.md)
- [TSLW.US](https://longbridge.com/en/quote/TSLW.US.md)
- [TSLY.US](https://longbridge.com/en/quote/TSLY.US.md)
- [TSYY.US](https://longbridge.com/en/quote/TSYY.US.md)
- [TYYY.US](https://longbridge.com/en/quote/TYYY.US.md)
- [CRSH.US](https://longbridge.com/en/quote/CRSH.US.md)
- [TSLP.US](https://longbridge.com/en/quote/TSLP.US.md)
- [09366.HK](https://longbridge.com/en/quote/09366.HK.md)
- [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md)
- [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md)
- [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md)
- [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md)
- [SNK.US](https://longbridge.com/en/quote/SNK.US.md)
- [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md)
- [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md)
- [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md)
- [GME.US](https://longbridge.com/en/quote/GME.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [GME+.US](https://longbridge.com/en/quote/GME+.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

## Related News & Research

- [SpaceX just suffered its first-ever losing streak](https://longbridge.com/en/news/290249892.md)
- [6 Wall Street analysts have issued price targets on SpaceX. Here's the one I agree with most.](https://longbridge.com/en/news/290177055.md)
- [Could SpaceX Join the Magnificent Seven?](https://longbridge.com/en/news/290189369.md)
- [SpaceX Is the Most Expensive Stock in the $2 Trillion Club, and It's Not Even Close](https://longbridge.com/en/news/290184623.md)
- [SpaceX Rally Lifts Valor's Stake to Nearly $97 Billion After 43% Gain](https://longbridge.com/en/news/289957177.md)