Jim Cramer flags major SpaceX opportunity Wall Street may have missed

On Monday, November 2, the former hedge fund manager and popular TV personality, Jim Cramer , reacted with apparent excitement to the news that SpaceX (NASDAQ: SPCX ) is negotiating with EchoStar over the wireless telecommunications brand Boost Mobile. Specifically, Cramer explained that, should an agreement be reached, the questions regarding how Elon Musk’s newer public company would reach customers in its recent telecommunications drive would be removed. He also seemingly estimates that a deal with EchoStar has the potential to negate any possible downside from the massive late October stock unlock, while also questioning other analysts’ apparent failure to foresee such negotiations. Notably, Jim Cramer also seems to have admitted in the X post that he was himself surprised by the development.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.