Why does Ives consider SpaceX an AI play?

Because Starlink and launch capabilities position it as a major AI cloud infrastructure provider.

Is SpaceX a publicly traded company?

No, SpaceX is a private company, limiting direct investment opportunities.

What other stocks does Ives favor?

Ives is bullish on NVIDIA (NVDA), Microsoft (MSFT), Alphabet (GOOGL, GOOG), and Palantir (PLTR).

Dan Ives: SpaceX Is an AI Play, Not a Space Stock

Wedbush analyst Dan Ives says SpaceX is more of an AI investment than a space company, expecting it to become a major cloud infrastructure provider. He remains bullish on NVIDIA, Microsoft, and Alphabet.

July 1, 2026

2 min read

Source: Stocktwits

Rating Change

Wedbush analyst Dan Ives upgraded SpaceX (private) to 'Buy' with no specific price target, calling it 'much more of an AI play than a space company.' No previous public rating was issued.

Analyst's Rationale

Ives believes SpaceX's Starlink satellite network and launch capabilities position it to become a key AI hyperscaler, providing low-latency cloud computing and communications infrastructure for AI applications. He cited surging demand for AI-powered cloud services.

Context

The call comes amid growing investor interest in AI and space stocks. Ives is known for his bullish tech stance and remains positive on NVIDIA (NVDA), Microsoft (MSFT), and Alphabet (GOOGL, GOOG). Palantir (PLTR) is also among his favorites.

Bottom Line

Ives' view reflects a shift in perception of SpaceX from a traditional space company to a pivotal AI infrastructure player. However, as a private company, direct investment opportunities for retail investors remain limited.

Frequently Asked Questions

Ives upgraded SpaceX to 'Buy', calling it an AI investment opportunity.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.