Jim Cramer's top 10 things to watch in the stock market Tuesday
CNBC Top News ·

My top 10 things to watch Tuesday, June 16 1. Can SpaceX be stopped? Up another 4.5% premarket after yesterday's nearly 20% gains and Friday's nearly 19% pop on its first day of trading. …
My top 10 things to watch Tuesday, June 16 1. Can SpaceX be stopped? Up another 4.5% premarket after yesterday's nearly 20% gains and Friday's nearly 19% pop on its first day of trading. It's become a meme stock. CEO Elon Musk's claim that SpaceX could hit $1 trillion in revenue by 2030 really got things going. At the same time, this is now a terrific currency for Musk to use. He's putting it to work by buying AI coding startup Cursor for $60 billion. 2. There is something uncomfortable about watching the buyers push SpaceX higher like this in the premarket with no sellers. It could open with a market cap higher than Club name Amazon . Could they eventually take it to the size of Nvidia ? A big thing on the horizon is Space's early inclusion into the FTSE Russell and Nasdaq indexes after five and 15 trading days, respectively. This is day three. 3. Tesla 's second-quarter vehicle deliveries are tracking ahead of consensus, according to Goldman Sachs. Tesla, of course, is Musk's other venture. Been plenty of chatter that Musk's ultimate goal is to combine SpaceX and Tesla into one entity. It's vital that he does so, because the combination of Tesla's Optimus robot with SpaceX's Starlink internet service. 4. Wolfe restarts coverage of Palantir with a hold. Previous rating was sell. This stock has languished as if it is a meme stock gone bad, but business is still very good. Revenue soared 85% last quarter. …
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