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SpaceX to Exclusively Adopt Nvidia AI Architecture; 912M Share Unlock Worth $114B on Wednesday

Stocks AI Industry News

2026-08-05 13:01:12

SPCX-1.98%

NVDA-3.34%

AMD-4.47%

According to Musk's first SpaceX earnings call, the company will exclusively build its AI services based on Nvidia's Vera Rubin architecture, which Musk called the "best AI computing architecture." On Wednesday, 912 million SpaceX shares will unlock, worth approximately $114 billion at Tuesday's closing price—marking the largest lock-up expiration in U.S. capital markets history. Meanwhile, AMD shares fell over 8% in pre-market trading after the chipmaker guided third-quarter revenue to $13 billion, above the average analyst expectation of $12.5 billion but below Wall Street's most optimistic forecasts.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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