SpaceX IPO Is a 'White Knuckle' Moment, Ives Says

Watch on YouTube ↗  |  June 10, 2026 at 12:50  |  6:36  |  Bloomberg Markets
Speakers
Dan Ives — Managing Director, Wedbush Securities

Summary

Dan Ives of Wedbush Securities discusses the upcoming SpaceX IPO as a white-knuckle moment for tech, sees it as an AI derivative play. He remains broadly bullish on AI-driven tech, predicting Nasdaq 30,000 within six months, and highlights tight semiconductor supply, underappreciated hyperscalers, Apple’s AI toll-collector role, Chinese big tech winners, and data/software names as early AI beneficiaries.

  • SpaceX IPO seen as a derivative of the AI revolution via space data, with index inclusion adding demand.
  • Any selloff in tech/semis on the SpaceX IPO is a short-term bump and a buying opportunity.
  • Nasdaq Composite forecast to reach 30,000 in the next six months on AI earnings momentum.
  • Semiconductors and memory are bullish due to tighter supply and AI demand acceleration.
  • Hyperscalers Microsoft and Alphabet are not fully priced for AI modernization and monetization.
  • Apple’s consumer AI strategy makes it a toll collector on the AI highway.
  • Chinese big tech (Baidu, Alibaba) are winners in AI robotics and starting the next growth phase.
  • Data and software names like Snowflake, Datadog, and Oracle are already seeing AI-driven revenue acceleration.
Ideas
Dan Ives Managing Director, Wedbush Securities 0:12
SpaceX IPO is AI space data play
The SpaceX IPO is viewed as a derivative of the AI revolution via space data and benefits from an unusual index inclusion dynamic, making it a compelling play.
IPO MED
Dan Ives Managing Director, Wedbush Securities 1:57
Semis bullish on tight supply, AI
Tighter supply and AI demand are making semiconductors and memory increasingly bullish.
ETF MED
Dan Ives Managing Director, Wedbush Securities 3:04
Nasdaq 30k in six months on AI
AI capex and monetization will drive earnings that further support tech stocks, pushing the Nasdaq Composite to 30,000 in the next six months.
QQQ HIGH
Dan Ives Managing Director, Wedbush Securities 3:17
Apple is AI toll collector
Apple's emerging consumer AI strategy makes it a toll collector on the AI highway, benefiting as AI goes through apps.
AAPL MED
Dan Ives Managing Director, Wedbush Securities 3:34
BIDU, BABA Chinese AI robotics winners
Chinese big tech companies like Baidu and Alibaba are winning in AI robotics and are just starting the next growth phase.
BABA BIDU MED
Dan Ives Managing Director, Wedbush Securities 5:32
SNOW, DDOG, ORCL AI data beneficiaries
AI-driven revenue acceleration is already visible in the data layer; Snowflake, Datadog, and Oracle are early beneficiaries as the cycle moves from chips to data and software.
SNOW ORCL DDOG MED
Dan Ives Managing Director, Wedbush Securities 5:46
MSFT, GOOGL underappreciated AI hyperscalers
Hyperscalers Microsoft and Alphabet are not fully priced for the true AI modernization and monetization going on.
GOOGL MSFT MED
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This Bloomberg Markets video, published June 10, 2026, features Dan Ives discussing IPO, ETF, QQQ, AAPL, BABA, BIDU, SNOW, ORCL, DDOG, GOOGL, MSFT. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Dan Ives  · Tickers: IPO, ETF, QQQ, AAPL, BABA, BIDU, SNOW, ORCL, DDOG, GOOGL, MSFT