Jim Cramer Just Reminded Everyone About the Most Important Aspect of Investing in SpaceX

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SpaceX’s Long Game and What It Means for Rand Investors

Jim Cramer urges patience as SpaceX builds infrastructure that demands long-term capital, a lesson South African investors should heed.

SpaceX’s heavy spending and recent stock pullback are classic signs of a company playing the long game, much like railroads did in the 1800s. For South African investors, this highlights the value of patience and understanding that big infrastructure projects take time to generate returns. While SpaceX isn’t listed on the JSE, the USD/ZAR exchange rate is a crucial lens here. A weaker rand inflates the cost of dollar-denominated investments, but South African investors looking for exposure to global tech growth might see this as an entry point. Locally, financials like Standard Bank and Nedbank tend to benefit when the rand strengthens, so swings in USD/ZAR can affect these shares indirectly. I’d avoid chasing fast profits on speculative tech plays offshore and instead watch how the rand moves before increasing exposure. This view could be wrong if SpaceX fails to execute on its ambitious plans or if the rand weakens sharply, further raising investment costs. this is just our opinion and not financial advice