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Elon Musk May Be Quietly Becoming One of Nvidia’s Biggest Customers—Gene Munster Says SpaceX Accounts for 5% of NVDA Revenue (UPDATED)

Aug 27, 2026 · 08:10 AM ET· updated 1h ago
Elon Musk May Be Quietly Becoming One of Nvidia’s Biggest Customers—Gene Munster Says SpaceX Accounts for 5% of NVDA Revenue (UPDATED)

SpaceX now accounts for 5% of Nvidia's revenue, up from 3%, with Deepwater Asset Management’s Gene Munster estimating $4.8B in sales.

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Why It Matters

SpaceX is buying a lot of Nvidia computer chips for its space projects, and this big customer now makes up 5% of Nvidia's total sales. When a company relies heavily on one customer, it's worth watching whether that customer stays happy and keeps buying.

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.

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