NVDA
Musk just sent Nvidia a love letter
Elon Musk said SpaceX will only use Nvidia chips moving forward. Translation: one of the loudest voices in tech just basically handed Nvidia another headline-sized endorsement.
For investors, this matters because SpaceX is not some random startup shopping for office printers. It’s one of the most ambitious buyers in the AI and aerospace universe, and if it’s standardizing on Nvidia hardware, that adds to the story that demand for Nvidia’s chips still has that "everybody wants the same concert ticket" energy.
Why this is a big deal
A few things jump out:
- It reinforces Nvidia’s status as the default pick for high-end AI compute
- It hints that SpaceX may be leaning harder into GPU-heavy infrastructure
- It adds more fuel to the idea that Nvidia’s customer list keeps turning into a who’s who of deep-pocketed buyers
Big picture
This isn’t an earnings report or a new product launch, but it’s still the kind of signal investors love: another high-profile customer loudly choosing Nvidia. In a market obsessed with AI capex, that kind of validation can keep the NVDA bull case humming.