Xai

Jim Cramer said on Mad Money that SpaceX is now in the neocloud business and is changing the economics of its xAI business. He noted that normal neocloud contracts average between 12 to 15 billion per gigawatt, but SpaceX's deals with Anthropic and Google are three or four times that amount. Cramer added that most neoclouds need long-term offtake agreements to finance their building, while SpaceX, Meta, and Oracle have deep enough pockets to make this happen.