2 Stocks That Could Soar from SpaceX’s $26.5 Trillion Artificial Intelligence (AI) Empire
2 Stocks That Could Soar from SpaceX’s $26.5 Trillion Artificial Intelligence (AI) Empire
Publish Date: 2026-06-10 14:47:00
Source Domain: www.theglobeandmail.com
- $26.5 trillion AI Opportunity: SpaceX sees an estimated $26.5 trillion opportunity in artificial intelligence specifically.
- SpaceX Data Center Satellites: SpaceX plans to launch a constellation of data center satellites that would serve as AI-powered platforms.
- Involvement with Nvidia: Despite not having a financial stake, Nvidia’s technology is heavily used by SpaceX, including over 220,000 graphics processing units within a data center.
- SpaceX Chip Manufacturing: SpaceX is developing its own chips for various applications, including manufacturing chips planned for Tesla.
- Tesla Stake in SpaceX: Tesla holds 19 million shares in SpaceX, valued at approximately $2.57 billion at the current IPO price. This stake could increase significantly if the IPO is successful.
- Tesla and Shared Chip Production: SpaceX plans to construct a semiconductor facility in Texas to produce chips for Tesla, alongside other ventures like SpaceX and xAI.
- SpaceX’s Ambitious Satellite Plan: SpaceX aims to launch up to 1 million satellites for AI data centers that are solar-powered.
- Investment Consideration: Analysts from The Motley Fool’s Stock Advisor team do not currently recommend investing in Nvidia, despite its involvement with SpaceX and projected market opportunities.