Munster Sees Apple, Tesla, SpaceX Rallies After Meta Jumps 11% on 2.5 Million Muse Downloads
Updated
Updated · Yahoo Finance · Sep 22
Munster Sees Apple, Tesla, SpaceX Rallies After Meta Jumps 11% on 2.5 Million Muse Downloads
2 articles · Updated · Yahoo Finance · Sep 22
Summary
Gene Munster said Apple, Tesla and SpaceX could be next to see product-driven stock rallies after Meta climbed 11% as users embraced its Muse AI agent.
2.5 million Muse downloads by Monday, 448,000 daily active users on Sept. 18 and 730,000 downloads in its first five days helped convince investors Meta’s AI spending is starting to pay off.
Apple’s nearest catalysts are the $1,999 foldable iPhone Duo, shipping Oct. 23, and a personalized Siri that can act across apps using data from messages, emails and photos.
Tesla’s pipeline centers on FSD v15, a wider Cybercab rollout and eventual Optimus sales, while SpaceX is targeting a first orbital-compute launch in late 2027 for its Starmind network.
Wells Fargo lifted Meta’s price target to $796 from $640, underscoring Munster’s view that broad consumer use—not product announcements alone—can trigger the next leg higher.