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Wedbush’s Global Head of Tech Research, Dan Ives<\/strong>, said Space Exploration Technologies Corp.<\/strong> could become a major artificial intelligence (AI) infrastructure company, arguing that investors should view the newly public Elon Musk<\/strong>-led firm as more than a traditional space business. <\/p>\n Ives Calls SpaceX A Major AI Play <\/p>\n SpaceX is “much more of an AI play” than a traditional space company and is well positioned to become a major hyperscaler, Ives said while speaking on CNBC’s “Fast Money” on Tuesday. He added that Wedbush values SpaceX using a “sum of the parts” approach, with AI compute forming a major part of its long-term investment thesis. <\/p>\n Ives acknowledged that SpaceX looks expensive based on current revenue. But he said execution over the next two to three years could change how investors view the company. <\/p>\n Don’t Miss:<\/strong> <\/p>\n “If they execute, I could argue this becomes one of the best AI plays in the market,” Ives said. “That’s why we are bullish here. I think you got to see around the corner, rather than just looking at valuation over the next six to 12 months.” <\/p>\n Wedbush Sees Demand Fueling Tech Rally <\/p>\n Looking toward the second half of the year, Ives said Wedbush’s supply chain checks in Taiwan and Korea point to accelerating demand, which he expects to support hyperscalers during earnings season. <\/p>\n He said that momentum should later spread to software, naming Palantir Technologies Inc.<\/strong>, Microsoft Corp.<\/strong>, Oracle Corp.<\/strong> and Alphabet Inc.<\/strong> as areas of focus. <\/p>\n “I still believe chip names continue to go higher, just because the demand and supply is 12 to 1,” Ives said. He added that memory remains “foundational to everything we’re seeing,” and said Wedbush remains “very bullish” on the second half. <\/p>\n Trending: <\/strong>Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time<\/strong><\/a> <\/p>\n SpaceX Valuation Debate Keeps Heating Up <\/p>\n Ives on Tuesday initiated coverage of SpaceX with an “Outperform” rating and a $190 price target, implying roughly 16% upside from the stock’s prior close. <\/p>\n His comments follow a sharp debate over SpaceX’s valuation. Evercore founder and senior chairman Roger Altman<\/strong> warned that traditional models struggle to value SpaceX and IPO-bound Anthropic because of their scale, AI exposure and uncertain long-term cash flows. <\/p>\n Story Continues <\/p>\n Musk, meanwhile, replied to a technology commentator on X on Tuesday, saying short-term economic setbacks are inevitable but that AI and robotics would drive powerful long-term growth. <\/p>\n Photo courtesy: Shutterstock <\/p>\n Read Next:\u00a0<\/strong> <\/p>\n Building Wealth Across More Than Just the Market<\/strong> <\/p>\n Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry. <\/p>\n Arrived<\/strong> <\/p>\n Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100<\/strong><\/a>. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. <\/p>\n FarmTogether<\/strong> <\/p>\n Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000<\/strong><\/a> \u2014 fully managed, with no landlord headaches. <\/p>\n Fundrise<\/strong> <\/p>\n Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate<\/strong><\/a> <\/strong>and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth. <\/p>\n Realberry<\/strong> <\/p>\n Institutional-quality real estate has traditionally been difficult for individual investors to access. Realberry gives accredited investors direct access to private real estate opportunities <\/strong><\/a>backed by a team with 35 years of experience, $3.4 billion in assets under management, and $481 million in cumulative distributions paid to investors as of Q4 2025, according to the company. With a portfolio spanning 13 million square feet across seven U.S. states, Realberry focuses on acquiring, developing, and managing real estate with an emphasis on long-term value creation while its principals often invest alongside clients to help align interests. <\/p>\n Immersed<\/strong> <\/p>\n Immersed is building technology for the future of work through spatial computing<\/strong><\/a>.<\/strong> Known for its AR\/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. <\/p>\n BluSky AI<\/strong> <\/p>\n The rapid adoption of artificial intelligence is creating significant demand for data centers, power, and compute infrastructure. BluSky AI is building modular AI data centers designed to support next-generation AI workloads while aiming to reduce deployment timelines compared to traditional facilities. <\/strong><\/a>For investors looking beyond AI software and applications, the company offers exposure to the infrastructure layer that makes artificial intelligence possible. <\/p>\n ARK7<\/strong> <\/p>\n Residential real estate has historically provided investors with income potential and long-term appreciation, but direct ownership can be expensive and time-consuming. ARK7 enables investors to buy fractional shares of rental properties, offering access to potential rental income and real estate exposure without property management responsibilities.<\/strong><\/a> By lowering the barrier to entry, the platform gives investors another way to diversify beyond traditional stocks and bonds. <\/p>\n Miso Robotics<\/strong> <\/p>\n Robotics and automation are becoming increasingly important tools for businesses facing labor shortages and rising operating costs. Miso Robotics develops AI-powered kitchen technology that is already being deployed in restaurant environments, with products designed to help operators improve efficiency and streamline operations.<\/strong><\/a> As artificial intelligence expands beyond software and into real-world applications, the company is positioning itself at the intersection of robotics, automation and the future of food service. <\/p>\n Vinovest<\/strong>\u00a0 <\/p>\n Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000<\/strong><\/a> \u2014 sourcing, storage, and insurance all handled for you. <\/p>\n EquityMultiple<\/strong>\u00a0 <\/p>\n For accredited investors looking beyond stocks and bonds, <\/strong>EquityMultiple provides access to vetted commercial real estate deals starting at $5,000<\/strong><\/a>,<\/a> with only ~5% of opportunities passing their due diligence process.\u00a0 <\/p>\n