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Elon Musk Just Announced Major News for Nvidia Shareholders

SpaceX will exclusviely be using Nvidia chips moving forward.

Elon Musk Just Announced Major News for Nvidia Shareholders

Published August 8, 2026 · Category: Finance

Overview

In case you missed it, CEO Elon Musk announced major news during the recent Space Exploration Technologies (NASDAQ: SPCX) (better known as SpaceX) earnings conference call. While SpaceX had some exciting news about its own business, I'm more concerned with what Musk said about Nvidia (NASDAQ: NVDA).

Musk had some very complimentary words about Nvidia's products, and a SpaceX partnership is already in the making. But what does that mean for Nvidia's stock? Let's take a look.

SpaceX CEO Elon Musk. Image source: The White House.

Details

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Source

Originally published at www.fool.com.

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