CNBC's Jim Cramer warned Friday that SpaceX's (NASDAQ:SPCX) historic market debut could accelerate a fresh wave of AI equity offerings, potentially setting a constructive tone for stocks in the week ahead.
Elon Musk's aerospace company ended its first trading session at $160.95 per share, giving it a valuation of roughly $2.1 trillion.
The figure immediately prompted comparisons with the world's largest public companies.
The debut also drew massive retail interest, with Robinhood (NASDAQ:HOOD) reporting record-breaking platform traffic and brief service disruptions.
AI Offering Window Could Swing Open Cramer argued the landmark listing may prompt Anthropic, the developer of the Claude AI model, which filed confidentially for an initial public offering earlier this month, to speed up its timeline.
