Mad Money w/ Jim Cramer 6/12/26

**SPEAKER_1** (0:01)
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**SPEAKER_2** (0:30)
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**Jim Cramer** (0:59)
My mission is simple, to make you money.
I'm here to level the playing field for all investors. There's always a bull market somewhere, and I promise to help you find it. Mad Money starts now.

**SPEAKER_5** (1:15)
Hey, I'm Cramer.

**Jim Cramer** (1:16)
Welcome to Mad Money. Welcome to Cramerica.
Other people make friends. I'm just trying to make a little bit of money. My job's not just to entertain, but to educate, do some teaching, calling. 1-800-743-CBC. Tweet me, Jim Cramer.
Never has one initial public offering captivated the minds of Wall Street and perhaps Main Street as much as Elon Musk's SpaceX, which became a publicly traded stock right before noon today.
The underwriters Goldman Sachs and Morgan Stanley put on a clinic about how to do a deal and help buy the possibility of a peace agreement with Iran. The session turned out to be a good one. Dow gaining 354 points as it be climbing 0.5 percent and the NASDAQ advancing 0.31 percent. Sure, some called SpaceX overvalued, others ridiculed the buyers. Me? Listen, there's Musk and then there's everyone else. Musk has the ideas and the execution.
Historically, betting against him has been a terrible strategy. Betting with him?
Hey, why the heck not? I'm surprised he even lets us tag along.
I think this deal could have some real positive repercussions and implications. So let's go and see, take a look at our game plan about what we think is going to happen now. First, we're going to have to deal with the positive fallout of the SpaceX deal, so many negative fallouts. Now this is a positive fallout. Bankers work fast these days. It wouldn't shock me if we hear from some of those hyperscalers that need to raise money or even from, yes, Anthlopic, which may want to strike while the iron's hot and start raising some money now. These companies are all lined up to do business, believe me. Yes, it really works that way. The people who are invested in Anthlopic will be agitating for a chance to bring the register with an IPO. No need to wait.
Let's look for that chatter. Remember, Microsoft, Meta, Amazon, they may also want to raise money to pay for their AI investments. I don't know if they can resist selling stock after seeing how SpaceX played out so positively. Hey, by the way, if you want a piece of the Anthlopic deal, try to figure out who got SpaceX from your brokerage. Just call your broker and ask what you can do to make it happen for the next deal. Sooner rather than later, please, they will tell you.
Now, like everyone else, I'm hopeful that the war with Iran is coming to an end. Come Monday, we'll know more about it than we do tonight. I'm skeptical as the hardliners in Iran clearly don't want peace. But if we do get peace, the first thing you have to realize is the process toward lowering inflation will begin with a collapse in the price of oil.
I know a lot of people believe that inflation has become embedded. I think they're dead wrong. All during this period since the war began, the world has frantically tried to produce more oil. You know what? It's happening. Look, we have more coming out in the United States, while oil production in Venezuela is up 50%. Remember, people said that couldn't happen. Canada will soon be lifting production, perhaps as many as 200,000 barrels a day. These all add up, maybe even to as much as a million barrels. That will matter. Now, look, they won't be repealed. They might, look, once the State of the Moose reopens, we're not going to have as much new oil coming in. But I've got to tell you, I think a big chunk of inflation is going to come down just because so many drillers realized that they had a great opportunity here. If you take a hard look at the inflation chain, you can see that many of the goods we eat are shipped by companies that put through fuel pass moves. Those will be repealed when the decline in oil works its way through the system. Again, I am calling for a dramatic decline in inflation. Corporate news is light the whole week. Dave and Buster's reports Monday. This one, which was taken private 20 years ago because the buyers thought it was undervalued, was then brought public 12 years ago to a successful debut. But the stocks come all the way down at 12 bucks a change. Why bother? All right, people are always stopping me and ask me how I form my views. What do I see? What do I do? Well, Dave and Buster's has a conference call after they report to the court. It's chock full of hints about the consumer. That's how I make my view. That's the world view. It's really the only reason to pay attention to it, though. But I got to keep up with it.