Now that SpaceX shares are trading freely following a historic IPO, one that has made Elon Musk the world's first trillionaire, an expansive partnership with NVIDIA is apparently the next order of business, with Musk publicly professing his desire to deepen the bond between the two mega-companies.
It seems SpaceX and NVIDIA are cooking something new, as inferred by NVIDIA's hearty congratulations to SpaceX for a flawless IPO, and reciprocated by Elon Musk with equal effusiveness
SpaceX ended today's regular trading session with gains of over 19 percent, which propelled its market cap to $2.11 trillion, and crowned Elon Musk as the world's first trillionaire.
Just hours after SpaceX shares began trading on the Nasdaq exchange, NVIDIA penned an effusive X post, congratulating the SpaceX team for pulling off a "historic IPO debut." Then, within hours, Elon Musk reciprocated with his own effervescent comments, pledging to take the "exciting partnership with NVIDIA to the next level."
This comes as SpaceX has now unveiled its first dedicated satellite design for AI compute. Dubbed the AI1 satellite, it can support up to 150kW of peak compute payload, replete with liquid radiators, meteoride shielding, a centralized compute module, and deployable solar arrays. These satellites will be manufactured at SpaceX's Gigasat facility in Texas. Perhaps the NVIDIA partnership that Musk is alluding to pertains to these AI1 satellites.
SpaceX is also rapidly building out its Terafab in collaboration with Tesla and Intel. Meanwhile, in the runup to its IPO, SpaceX locked a Cloud Service Agreement with Google, furnishing it with a compute capacity equivalent to "110,000 NVIDIA GPUs, CPUs, memory, and other related components," all for a consideration of $920 million per month.
Also, the parent company of Starlink and xAI recently inked a similar agreement with Anthropic, providing access to "220,000 NVIDIA GPUs (including H100s, H200s, GB200s, and others)," all for a consideration of $1.25 billion per month or $15 billion per yea
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