Runaway AI Costs Trigger $500M Bill; Cramer Warns of $4T SpaceX Sell-Off
MSFT•By April, firms like Priceline hit a $500 million AI token bill and Uber exhausted its 2026 budget, prompting Microsoft to revoke Claude licenses after token consumption tripled costs. Jim Cramer says a $4 trillion SpaceX IPO could drive investors to sell Nvidia, Apple, Amazon and Microsoft stakes.
1. AI Cost Overruns Strain Tech Budgets
AI token consumption surged with new models like GPT-5.1, Claude Opus 4.5 and Gemini 3 Pro, causing firms such as Priceline to incur a $500 million bill and Uber to exhaust its 2026 AI coding budget by April. Microsoft responded by revoking developer Claude licenses and industry groups unveiled the Tokenomics Foundation to set cost controls for AI tokens.
2. Cramer Warns of Tech Sell-Off Over SpaceX IPO
Jim Cramer warns that a SpaceX IPO valued near $4 trillion could trigger a rotation out of major tech names, including Microsoft, as investors sell holdings in Nvidia, Apple and Amazon to free up capital. This shift could exert downward pressure on Microsoft shares ahead of the offering and its potential S&P 500 inclusion.
