{"id":23063,"date":"2026-08-05T16:48:52","date_gmt":"2026-08-05T16:48:52","guid":{"rendered":"https:\/\/scannn.com\/nvidia-stock-rises-after-musk-says-spacex-will-exclusively-use-companys-chips\/"},"modified":"2026-08-05T16:48:52","modified_gmt":"2026-08-05T16:48:52","slug":"nvidia-stock-rises-after-musk-says-spacex-will-exclusively-use-companys-chips","status":"publish","type":"post","link":"https:\/\/scannn.com\/lv\/nvidia-stock-rises-after-musk-says-spacex-will-exclusively-use-companys-chips\/","title":{"rendered":"Nvidia stock rises after Musk says SpaceX will exclusively use company's chips"},"content":{"rendered":"\n<div>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->SpaceX (<a href=\"https:\/\/finance.yahoo.com\/quote\/SPCX\/\" data-ylk=\"slk:SPCX;elm:context_link;itc:0;sec:content-canvas;cpos:1;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;SPCX&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">SPCX<\/a>) is all-in on Nvidia (<a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:NVDA;elm:context_link;itc:0;sec:content-canvas;cpos:2;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;NVDA&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">NVDA<\/a>).\u00a0<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->CEO Elon Musk told investors <a href=\"https:\/\/finance.yahoo.com\/technology\/article\/spacexs-q2-results-top-estimates-in-first-ever-quarterly-report-132323178.html\" data-ylk=\"slk:during%20the%20company's%20first-ever%20earnings%20call;elm:context_link;itc:0;sec:content-canvas;cpos:3;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;during the company's first-ever earnings call&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">during the company&#8217;s first-ever earnings call<\/a> that going forward, SpaceX will build its AI services exclusively on Nvidia&#8217;s systems.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Nvidia stock rose more than 4% on the news on Wednesday. SpaceX stock, meanwhile, <a href=\"https:\/\/finance.yahoo.com\/technology\/article\/spacex-stock-drops-as-ai-capex-jumps-in-q2-132323178.html\" data-ylk=\"slk:fell;elm:context_link;itc:0;sec:content-canvas;cpos:4;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;fell&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">fell<\/a> more than 10% before rising off the lows.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;We think the Vera Rubin architecture is the best architecture. We think it&#8217;s the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia,&#8221; Musk said. &#8220;So we&#8217;re exclusive to Nvidia.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->According to the CEO, SpaceX expects to end the year with more than 2 gigawatts of compute and anticipates having close to 10 gigawatts of computing capacity by the end of next year.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->According to Musk, SpaceX will begin launching Starmind satellites next year.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Orbiting data centers are seen as a potential solution to building massive data centers on Earth. Unlike their Earth-based counterparts, space-based solutions don&#8217;t require companies to purchase large swaths of land. SpaceX says cooling in space will also be less energy intensive.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Musk also said that the company plans to launch Nvidia&#8217;s Vera Rubin NVL72 rackscale system both on the ground and in space as part of its Starmind satellite program.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->But launching the servers into orbit and getting them set up and connected could prove more difficult than constructing facilities on Earth.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->SpaceX&#8217; Al revenues climbed 213% quarter over quarter and 247%\u00a0since the same period last year to $2.6 billion.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->SpaceX attributed the growth to cloud service agreements and increased Grok and X subscriptions.\u00a0<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->SpaceX entered into multibillion-dollar leasing agreements with <a href=\"https:\/\/finance.yahoo.com\/sectors\/technology\/article\/spacex-to-rent-ai-capacity-to-google-for-920-million-per-month-200639544.html\" data-ylk=\"slk:Google;elm:context_link;itc:0;sec:content-canvas;cpos:5;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Google&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">Google<\/a> and <a href=\"https:\/\/finance.yahoo.com\/news\/anthropic-to-rent-all-ai-capacity-at-spacexs-colossus-data-center-180327774.html\" data-ylk=\"slk:Anthropic;elm:context_link;itc:0;sec:content-canvas;cpos:6;pos:1;_E:mb_qualified_link;ct:story;outcm:mb_qualified_link;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Anthropic&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yContentType&quot;:&quot;story&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\">Anthropic<\/a> that will see the companies rent out SpaceX&#8217;s data center capacity to power their AI services.<!-- HTML_TAG_END -->  <\/p>\n<figure data-testid=\"article-figure-image\" class=\"yf-750ceo\">\n<div class=\"image-container yf-j98iil loader\" style=\"--max-height: 350px;\">\n<div class=\"image-wrapper yf-j98iil\" style=\"--aspect-ratio: 700 \/ 350; --img-max-width: 700px;\"><a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/A662C5AF71895F82A7BB2FEED3FC9C644151C14334FF59E08E8CE0DACF79B8B9\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fd29szjachogqwa.cloudfront.net%2Fimages%2Fuser-uploaded%2Fyahoo_finance_week_in_tech.png\" target=\"_blank\" rel=\"noopener noreferrer\"><\/a><\/div>\n<\/div><figcaption class=\"yf-750ceo\"><!-- HTML_TAG_START -->Sign up for Yahoo Finance&#8217;s Week in Tech newsletter.<!-- HTML_TAG_END -->  <span class=\"caption-separator yf-750ceo\" data-svelte-h=\"svelte-nxhdlu\">\u00b7<\/span> <span>Yahoo Finance<\/span><\/figcaption><\/figure>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START --><em>Email Daniel Howley at dhowley@yahoofinance.com. Follow him on X at <\/em><a href=\"https:\/\/twitter.com\/danielhowley\" data-ylk=\"slk:%40DanielHowley;elm:context_link;itc:0;sec:content-canvas;cpos:7;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;@DanielHowley&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"link\"><em>@DanielHowley<\/em><\/a><em>.<\/em><!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START --><a href=\"https:\/\/finance.yahoo.com\/tech\" data-ylk=\"slk:Click%20here%20for%20the%20latest%20technology%20news%20that%20will%20impact%20the%20stock%20market;elm:context_link;itc:0;sec:content-canvas;cpos:8;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Click here for the latest technology news that will impact the stock market&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\"><strong>Click here for the latest technology news that will impact the stock market<\/strong><\/a><strong>.<\/strong><!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START --><a href=\"https:\/\/finance.yahoo.com\/news\/\" data-ylk=\"slk:Read%20the%20latest%20financial%20and%20business%20news%20from%20Yahoo%20Finance;elm:context_link;itc:0;sec:content-canvas;cpos:9;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Read the latest financial and business news from Yahoo Finance&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\"><strong>Read the latest financial and business news from Yahoo Finance<\/strong><\/a><!-- HTML_TAG_END -->  <\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/technology\/article\/elon-musk-says-spacex-will-build-exclusively-with-nvidia-touts-space-based-ai-servers-211803293.html?utm_source=tldrhardware\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX (SPCX) is all-in on Nvidia (NVDA).\u00a0 CEO Elon Musk told investors during the company&#8217;s first-ever earnings call that going forward, SpaceX will build its AI services exclusively on Nvidia&#8217;s systems. Nvidia stock rose more than 4% on the news on Wednesday. SpaceX stock, meanwhile, fell more than 10% before rising off the lows. &#8220;We [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":23064,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143],"tags":[],"class_list":["post-23063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai"],"_links":{"self":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts\/23063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/comments?post=23063"}],"version-history":[{"count":0,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/posts\/23063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/media\/23064"}],"wp:attachment":[{"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/media?parent=23063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/categories?post=23063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scannn.com\/lv\/wp-json\/wp\/v2\/tags?post=23063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}