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Elon Musk and SpaceX Just Delivered Incredible News to Nvidia That Could Help the Stock Double in the Next Year

The Motley Fool·
Elon Musk and SpaceX Just Delivered Incredible News to Nvidia That Could Help the Stock Double in the Next Year

SpaceX announced plans to aggressively expand AI infrastructure spending, targeting 10-20 gigawatts of additional computing capacity in 2027 using Nvidia's Vera Rubin chips exclusively. This could generate $400-800 billion in revenue for Nvidia, potentially increasing its fiscal 2028 revenue to $850 billion and doubling the stock price to $415-580.

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