3 Stocks We Think Can Beat The AI Infrastructure Trade w/ Kyle Reidhead

**Kyle Reidhead** (0:00)
After the info side of things, what's next? And I think it's the app layer, right? It's once you've built all these AIs, you have all these models, where are we using them? And then when you're using them, where are they making the biggest impact in other businesses or other products? That's the thing I've been trying to figure out.

**LGDusett** (0:15)
What's up, everybody? It's LGDusett here, and welcome to Milk Road AI, the daily AI show. They can't decide which future has the bigger tam. Robots building other robots on the moon, or everyone living to 200 years old. Today is June 23rd, 2026 For weeks, we've talked about SpaceX, and now the guys have finally pulled the trigger. Two of our analysts got in this week, and we'll talk about it today on the show. Plus, while everyone is wondering where the AI bottleneck profits rotate to next, Kyle is shooting his shot. He invested in some health care stocks this week, and is going to tell us all about it today on the show. This isn't our usual episode. It's a day early, and it's just with Kyle. We're actually doing three different deep dives this week, starting today, and then tomorrow with Martin, as he breaks down his take on where AI rotates to next, and Thursday we'll sit with Melvin to digest Micron's earnings and what they mean for the broader market. Today's episode is brought to you by Nexo, Earn Interest, Borrow and Trade Crypto, and Bitget Stocks 2 with Real Liquidity and Real Dividends. Kyle, the time has come on this big market dip day, although you did this move yesterday, you have finally bought SpaceX. We spent an entire episode talking about it last week. We talked about it for weeks. You finally pulled the trigger, man. Tell me about that.

**Kyle Reidhead** (1:21)
Yeah, I love that you say finally. It's been on for what, six days or something, that's it.
But when you get a chart pattern like this, you have to buy it, you know? You just have to buy it.

**LGDusett** (1:34)
For the audio listeners, Kyle has basically taken the daily SpaceX chart, which goes up and then comes down and just put a rocket emoji right in the middle of it, saying it's the shape of a rocket. Wait, what's the next pattern it prints, Kyle?

**Kyle Reidhead** (1:47)
They're going to move the rocket over to the right and then it goes up.
So first of all, I've said this for a long time, I love the SpaceX business, right? I think what they're building is probably the most ambitious company in the entire world. I do think SpaceX will be the most valuable company in the world in, I don't know, give it five years plus from now. So we can go through that stuff if we need to. But like, so long-term, very bullish on SpaceX, let's say that. Now, in the medium term, not super bullish on SpaceX, not out of, what was it the other day, 2.5 trillion, I think it made 2.75 trillion, was not very bullish there. Why? Well, right now, only 4.2% of all shares can be traded. Okay, so it's a low float, high FTV, but on August 5th, all of a sudden, a bunch of shares unlock. And then it's just like continuous unlocks after that. And my assumption is a decent amount of these funds and investors that have bought SpaceX at multiples lower are probably going to take some profits. Now, they're not going to sell all of it, but they'll take some profits. And so I do think if SpaceX remains above 2 trillion or 3 trillion or 4 trillion, or however high it gets, it's going to have a big sell-off. And then I think in the short term, before that, I do think SpaceX has the ability to go much higher. Now, not based on fundamentals by any means, not because of this new deal they just had with whatever the company was, the $150 million a month that they're renting out their compute. Not because of any fundamental reason, but because again, only 4.2 percent of the shares can be traded, which means you can get a squeeze in this. You don't need a lot of money, you don't need a lot of buyers in order for this stock to go up, which is crazy to think because it is a $2 trillion stock. But remember, it's not $2 trillion that are all tradable. When it's all tradable, you need $2 trillion to double it. When it's only 4.2 percent, you need like $10 billion to double it. I don't know what the actual number, I haven't done that in my head yet, but it's not a lot. And so I do think there is a world. And then the other thing to keep in mind is in the next few weeks, SpaceX is going to be added to some of the indexes. I think it's the NASDAQ, the S&P.