Nvidia Rises 1.67% After SpaceX Backs Vera Rubin for 10 Gigawatts of AI Compute
Updated
Updated · Benzinga · Aug 4
Nvidia Rises 1.67% After SpaceX Backs Vera Rubin for 10 Gigawatts of AI Compute
3 articles · Updated · Benzinga · Aug 4
Summary
Nvidia gained 1.67% in after-hours trading to $215.47 after SpaceX said on its first public-company earnings call that it will build exclusively on Nvidia systems.
Elon Musk said SpaceX chose Nvidia’s Vera Rubin architecture because it is the best AI computer, adding the company plans to start deploying Vera Rubin NVL72 systems next year.
SpaceX expects to end 2026 with more than 2 gigawatts of compute and said capacity should be several times higher by the end of 2027.
Musk said cumulative online compute could be closer to 10 gigawatts than 5 gigawatts by the end of next year, with deployments planned both on the ground and in orbit.