Shares of NVIDIA Corp. climbed more than 2% in after-hours trading after SpaceX disclosed a significant partnership during the company’s inaugural quarterly earnings call. The two companies announced that NVIDIA will serve as the exclusive provider of AI computing hardware for SpaceX’s planned Starmind AI1 satellite constellation.
Under the arrangement, each satellite in the proposed fleet will be outfitted with NVIDIA Rubin GPUs and Vera CPUs, intended to deliver datacenter-class processing capability from orbit. On the call, SpaceX chief executive Elon Musk said the company plans to build all of its AI infrastructure going forward exclusively on NVIDIA platforms. SpaceX also signaled an intention to increase its AI-related spending aggressively in the coming quarters.
The development carries additional significance because SpaceX was not among the initial six partners named when NVIDIA launched its original space computing platform in March 2026. Bringing SpaceX into the fold as an exclusive customer - potentially one of the largest consumers of NVIDIA GPUs in the future - suggests a notable expansion of NVIDIA’s addressable market beyond terrestrial data centers.
Market reactions underscored the contrast between concrete partnership news and other corporate updates. Rival Advanced Micro Devices saw a decline in after-hours trading following its own earnings report, despite reporting a revenue beat. Investors appeared to reward the clarity of SpaceX's commitment to NVIDIA over AMD’s earnings-related results.
This pairing of a major satellite operator and a leading chipmaker highlights a growing intersection between aerospace and high-performance computing. The announcement links satellite-based infrastructure development with the semiconductor industry’s role in providing AI-capable hardware, and it sets a clear vendor alignment for SpaceX’s planned AI efforts.
Summary: SpaceX named NVIDIA the exclusive AI hardware provider for its Starmind AI1 satellites and said it will build future AI infrastructure on NVIDIA platforms, while also planning to boost AI spending. NVIDIA shares rose in after-hours trading after the announcement, and AMD fell after its earnings despite a revenue beat.