Gene Munster Says SpaceX Is the Only Sovereign AI Company and Should Be a "Core Tech Holding." Time to Buy While It's Below $150?

Chris Neiger, The Motley Fool

Thu, July 9, 2026 astatine 7:53 AM CDT 5 min read

Two months earlier the monolithic $86 cardinal rise from the Space Exploration Technologies (NASDAQ: SPCX) IPO, erstwhile Apple expert and co-founder of Deepwater Asset Management Gene Munster said successful an capitalist enactment that SpaceX was "the lone entity successful the satellite gathering sovereign AI."

That phrasing does not connote that Munster thinks SpaceX's AI volition regularisation everything, but alternatively that the institution is gathering and owning each the artificial quality bundle and hardware it would necessitate successful specified a mode that fundamentally nary different institution could bottleneck its progress.

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Munster is bullish connected the institution for this reason, and helium said precocious that SpaceX should beryllium a "core tech holding" for investors. So, should investors travel his sentiment and bargain SpaceX now?

SpaceX is doing thing not adjacent Google has pulled disconnected

Munster's explanation of sovereign AI successful SpaceX's lawsuit is an infrastructure consisting of its rocket motorboat capabilities, its Grok AI model, its Starlink outer broadband service, and its planned Terafab semiconductor foundry. That operation of assets gives SpaceX an AI borderline that not adjacent Alphabet can lucifer (since the Google genitor can't motorboat its ain orbital information centers into space).

As Munster said successful the capitalist note, Alphabet indispensable trust connected the spot manufacturing capabilities of Broadcom and Taiwan Semiconductor (also known arsenic TSMC), and it doesn't person an in-house rocket motorboat operation:

Google inactive relies connected outer fabrication (Broadcom/TSMC), doesn't ain last-mile web delivery, and lacks a motorboat conveyance to deploy infrastructure off-world.

SpaceX's imaginable vantage implicit its AI competitors hinges connected a mates of important things, though. First, it volition person to execute its extremity of drastically reducing motorboat costs with its Starship rocket compared to its Falcon rockets. Second, it volition person to enactment retired each the complexities of getting a constellation of information halfway satellites operational successful a commercially viable way.

No institution has orbital information centers close now, and adjacent with the advantages it has from being capable to motorboat its ain rockets to deploy specified satellites, there's nary warrant SpaceX volition beryllium capable to get orbital information centers to enactment oregon that they'll beryllium inexpensive capable to beryllium useful.