TECH NEWS – Elon Musk, the world’s first trillionaire – an absurd figure even written out: $1 trillion – has made a killing on the stock market, and Nvidia could push this even further.

Now that SpaceX shares are freely tradable following their historic IPO, an extensive collaboration with Nvidia appears to be the next step, and Musk has publicly expressed his intention to deepen the relationship between the two companies. SpaceX closed yesterday’s trading session with a gain of more than 19%, bringing its market capitalization to $2.11 trillion and making Elon Musk the world’s first trillionaire. Just a few hours after SpaceX shares entered the Nasdaq exchange, Nvidia posted an enthusiastic tweet congratulating the SpaceX team on its historic stock-market debut. A few hours later, Elon Musk returned the gesture with his own enthusiastic comments, promising to take the exciting partnership with Nvidia to the next level.

This is happening just as SpaceX has unveiled its first satellite designed specifically for artificial-intelligence computing. Named the AI1 satellite, the device can support up to 150 kW of peak compute performance, with liquid cooling, meteorite shields, a central compute module, and deployable solar panels. These satellites will be manufactured at SpaceX’s Gigasat facility in Texas. The Nvidia partnership Musk is referring to may be connected to these AI1 satellites.

SpaceX is also rapidly expanding its Terafab network in cooperation with Tesla and Intel. Meanwhile, during preparations for the IPO, SpaceX signed a cloud-services agreement with Google, under which it provides computing capacity equivalent to 110,000 Nvidia GPUs, CPUs, memory, and other related components for $920 million per month. In addition, the parent company of Starlink and xAI recently signed a similar agreement with Anthropic, providing access to 220,000 Nvidia GPUs, including H100, H200, GB200, and other models, for $1.25 billion per month, or $15 billion per year.

So there are rich people, and then there are the even richer.

Source: WCCFTech

Looking forward to taking our exciting partnership with Nvidia to the next-level https://t.co/WYxxC6V1CE

– Elon Musk (@elonmusk) June 12, 2026

SpaceX has just officially unveiled its AI1 satellite, the first generation of its AI satellite.

Overall Specs:
• 150 kW peak compute payload
• 120 kW average compute payload
• 70 kW per ton
• Compute provider interchangeable

Dimensions:
• Wingspan: 70 meters
• Deployed… https://t.co/KB0WGfp6t5 pic.twitter.com/qR6wEvs2da

– Sawyer Merritt (@SawyerMerritt) June 8, 2026