Elon Musk and Jensen Huang forge a strategic partnership to drive the next generation of AI infrastructure.
Elon Musk committed SpaceX to exclusively use NVIDIA GPUs for its massive infrastructure expansion, aiming to reach 10 gigawatts of computing capacity by 2027. To support this ambitious goal, NVIDIA announced a new Compute Infrastructure Financing Platform in partnership with major banks like Goldman Sachs and BlackRock to mobilize over $500 billion in third-party capital. NVIDIA also disclosed a $21 billion stake in SpaceX, signaling a deep integration between the two companies. While SpaceX's AI segment delivered $2.56 billion in revenue in Q2, the company is directing the majority of its capital expenditure toward AI infrastructure. Jensen Huang has expressed admiration for Musk's ability to execute these builds rapidly. This partnership allows NVIDIA to diversify its customer base while providing SpaceX a clear path to funding the massive scale of compute required to compete with established tech giants like Amazon and Microsoft.