Nvidia shares rose more than 2% in after-hours trading after Elon Musk said on SpaceX’s third-quarter earnings call that the company is tracking to bring roughly 200,000 Nvidia GB300 chips online per month through year-end, with next year primarily Vera Rubin compute. Futurum Group CEO Daniel Newman said the news showed Nvidia’s projections playing out, while Shay Boloor estimated about 600,000 GPUs from SpaceX in the fourth quarter alone. SpaceX is reportedly seeking about $40 billion in loans and debt led by Apollo Global Management to buy the chips, and its third-quarter revenue of $14.58 billion and earnings of 35 cents per share beat estimates. Nvidia closed 0.29% lower at $216.47 in regular trading before rising to $221 in extended hours.
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NVDAsemiconductorsSpaceXartificial intelligence
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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