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SpaceX Stock Rises as Nvidia Space Chip Paves Way for Musk’s Orbital AI Ambitions

yf_tkr_SPCX · 2026-08-25

$NVDA $SPCX

SpaceX stock rose in early trading on Tuesday after closing at its $135 June IPO price on Monday. CEO Elon Musk retweeted a post from chip maker Nvidia about its Vera Rubin semiconductors, adding that SpaceX has helped design a “space-optimized” version that is planned for orbit in 2027 with “significant scale” in 2028. Vera Rubin is Nvidia’s latest AI Graphics Processing Unit (GPU), offering faster compute than its Blackwell chips and much better token throughput.

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