NVIDIA (NVDA) Holds $21B As SpaceX Partners Exclusively For AI

NVIDIA (NVDA) has secured $21 billion worth of SPCX equity as SpaceX commits to using NVIDIA GPUs exclusively. AI infrastructure spending is projected to rise from $800 billion currently to between $3 trillion and $4 trillion annually by the end of the decade. Musk aims for SpaceX to achieve 10 gigawatts of AI computing capacity by 2027, up from 1.4 gigawatts currently, with an estimated cost of $500 billion. This partnership indicates a significant move in the AI development landscape, impacting both NVIDIA and SpaceX investors.