Jim Cramer Asserts NVIDIA (NVDA), Not SpaceX, Is The “Key” To The Market

June 15, 2026 - 01:06

Jim Cramer recently made it clear that when it comes to driving the stock market, NVIDIA is the name to watch, not SpaceX. The CNBC host argued that while SpaceX generates plenty of buzz, especially with its potential IPO, NVIDIA remains the fundamental engine behind market momentum.

Cramer has long been a vocal supporter of NVIDIA, and his latest comments reinforce that stance. He pointed out that NVIDIA's chips are the backbone of the artificial intelligence boom, powering everything from data centers to advanced computing. Without NVIDIA, he suggested, the AI rally that has lifted the entire market would not exist.

Shares of NVIDIA are up roughly 40% over the past year and have gained about 7.4% so far in 2025. The stock continues to be one of Cramer's top picks, and he has not held back in praising its leadership. He contrasted this with SpaceX, which, despite its revolutionary achievements in space travel, does not have the same direct influence on the broader market.

Cramer also addressed the chatter around a possible SpaceX IPO. While he acknowledged the excitement, he downplayed its near-term impact on investors. He argued that until SpaceX actually goes public, it remains a private company with limited access for most retail traders. In the meantime, NVIDIA is the stock that is actually moving the market every single day.

For Cramer, the message is simple: NVIDIA is the key. SpaceX may be the future, but NVIDIA is the present.