Elon Musk said SpaceX (SPCX) plans to aggressively ramp up AI infrastructure spending to reach annual recurring revenue (ARR) of $500 billion to $1 trillion by the end of 2027, and that SpaceX will use Nvidia chips exclusively, including the Vera Rubin architecture. He projected up to 3 GW of compute capacity by the end of 2026 and an incremental 10 GW in 2027, while the goal of 20 more GW is a “non-zero possibility.” The author estimates Nvidia could earn about $40 billion in revenue per GW with Vera Rubin, or around $400 billion from 10 GW. The author's model projects fiscal 2028 revenue near $850 billion versus the $692 billion analyst consensus, and adjusted EPS of $20.72 versus $15.91. At the current forward P/E of 13.5 times, the stock would be around $415; at a market multiple of 19, around $580.
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NVDAElon MuskSpaceXartificial intelligencevaluation
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NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/23/2026 | 211.00 |
| Change that session | -0.57% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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