SPCX Stock Rises Overnight: Analyst Says Nvidia’s Results Reveal SpaceX’s Growing Hyperscaler Status
Munster said SpaceX has effectively become a hyperscaler, citing 8 GW of AI capacity expected next year. Deepwater’s Gene Munster estimated that SpaceX accounted for 5% of Nvidia’s quarterly revenue, up from 3% last quarter. Based on Nvidia’s $96.2 billion in Q2 revenue, Munster’s estimate implies nearly $4.8 billion related to SpaceX. Nvidia named SpaceXAI … Read more