On its third-quarter earnings call, SpaceX CEO Elon Musk said he expects the shortage of superintelligence computing capacity to persist for years, with short-term compute contracts renewing at higher prices. SpaceX tried to shift some inference workloads to other cloud providers to free capacity for AI training, but could not find spare Nvidia GB300, GB200 or H100 systems, Google TPUs, or Amazon Trainium chips. Futurum strategist Shay Boloor said the shortage spans nearly every major chip architecture, making it harder to argue the AI compute market is in a broad glut. SpaceX reported third-quarter revenue of $14.58 billion, above estimates of $12.74 billion, and earnings of 35 cents per share versus 12 cents expected. Revenue rose 161% year over year, led by the Super Intelligence unit at $7.6 billion (up 830%), while Connectivity, including Starlink, grew 69% to $5.2 billion.
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SpaceXsemiconductorsartificial intelligenceNVDA
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/20/2026 | 262.76 |
| Change that session | +0.12% |
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/20/2026 | 340.24 |
| Change that session | -1.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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