Altimeter Capital's Brad Gerstner highlights SpaceX's massive $400 billion investment to build 10 GW of computing power next year, aiming to dominate the emerging superintelligence era. This scale could represent 25% of new U.S. compute capacity, fueling larger AI models and data growth. While SpaceX bears the capital costs, chipmakers like NVIDIA currently reap the profits. Gerstner also suggests a Tesla merger could help finance this expansion, but warns of risks including demand slowdown and depreciation. NVIDIA's strong margins and financing edge position it well amid this AI compute race.
SpaceX shares are trading at USD 147.80 on Pluang as of Oct 23, 2026 00:21 WIB, down 7.21% in one day. Tesla's stock price is USD 379.17 with a 1.89% decline, while Nvidia is priced at USD 213.17, falling 3.92% in the same period. These movements come as SpaceX plans a massive $400 billion compute buildout, impacting the tech and industrial sectors on Pluang.
SpaceX announced an $8 billion deal for nationwide 800 MHz spectrum, intensifying competition for Verizon ahead of its Q3 earnings report on October 26. Verizon has shown steady growth with improved revenue and reduced churn, but SpaceX's entry with ...
Elon Musk suggested the possibility of starting a competitor to Amazon after reports that Amazon was blocking AI bots from placing orders. SpaceX, now public, posted strong revenue growth, particularly in AI, and holds substantial cash reserves, posi...
Taiwan Semiconductor (TSMC) is in talks with SpaceX about the Terafab chip plant but insists on operating the facility itself, conflicting with Elon Musk's plan for SpaceX to run it. TSMC's CEO C.C. Wei emphasized that the Texas plant must be managed...
Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter...
Tesla's recent earnings call focused heavily on future technologies like robotaxis, AI, and humanoid robots, while its core car business showed modest performance. In the world's largest EV market, China, Tesla lags behind local competitors in sales ...
