Elon Musk: SpaceX will exclusively use Nvidia chips
2026-08-05 20:40:51
According to CoinMeta, Nvidia's stock price rose because Musk stated that SpaceX will exclusively use the company's chips. During the company's first earnings call, Musk revealed that in the future, SpaceX will rely entirely on Nvidia's systems for its AI services. Nvidia's stock price increased by about 2% in pre-market trading on Wednesday, while SpaceX's stock price fell by more than 10%. Musk claimed that the Vera Rubin architecture is the best one, and SpaceX is expected to have over 2 gigawatts of computing power by the end of the year, with a target of approaching 10 gigawatts by the end of next year. Musk also mentioned that the company plans to launch the Nvidia Vera Rubin NVL72 Rackscale system on land and in space as part of its Starmind satellite program. SpaceX's AI revenue increased by 213% month-over-month and 247% year-over-year, reaching $2.6 billion, mainly due to increased cloud service agreements and Grok as well as X subscriptions.
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Source:Internet
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