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Musk Praises Vera Rubin Platform on SpaceX Earnings Call, Nvidia Stock Climbs

Aug 4, 2026 · 06:03 PM ET· updated 2h ago
Musk Praises Vera Rubin Platform on SpaceX Earnings Call, Nvidia Stock Climbs

Nvidia shares are moving higher in extended trading Tuesday after Elon Musk announces that SpaceX will build "exclusively" on Nvidia.

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Why It Matters

Elon Musk said SpaceX will use only Nvidia's computer chips for a big project, which made investors more interested in Nvidia stock. This shows companies trust Nvidia's technology, so it's worth watching whether other big companies make similar choices.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.