Elon Musk Praises New SpaceX and NVIDIA Partnership, Yet Both Stocks Fall

NewsMon, 24 Aug 2026 21:39:52 UTC2 hours ago
Elon Musk Praises New SpaceX and NVIDIA Partnership, Yet Both Stocks Fall

Elon Musk celebrated a new partnership between SpaceX and NVIDIA on Monday, confirming plans to launch an optimized Vera Rubin system into orbit as early as 2027.

Despite his enthusiasm, both companies' stocks fell on the day of the announcement.

What Elon Musk Confirmed About the Deal

NVIDIA announced that SpaceXAI will deploy its new Vera CPU to power the next generation of agentic AI workloads, extending the chipmaker's architecture from Earth-based data centers into orbital computing infrastructure. Musk responded directly on X.

He described Vera as the first CPU built for agents, saying it would accelerate the orchestration, code execution, and data processing that keep SpaceX's AI agents acting fast.

"Our design is significantly simpler, lower cost, denser and lighter than a traditional rack," Musk said on X.

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