EL7.AI
StocksMediumUpdated×2•Originally published 4 August 2026•Updated 5 August 2026•
2 min read

NVIDIA Shares Gain Support as SpaceX Selects Vera Rubin Architecture Exclusively for AI Platform

Key Facts

1Corvex signed a multi-year agreement to provide NVIDIA Blackwell GPU clusters to a leading AI company.
2The expansion was funded without issuing additional equity, with liquid-cooled capacity commissioned in approximately two weeks.

In a move reinforcing NVIDIA's technological dominance in the supercomputing sector, Elon Musk announced that SpaceX's AI computing platform will rely exclusively on the advanced Vera Rubin architecture. According to reports from SpaceX's first-ever public earnings call on August 4, 2026, the company is targeting a massive 20 gigawatts of power and cooling capacity by the end of 2027. This commitment bolsters long-term demand for NVIDIA's next-generation tech alongside existing supply deals like Corvex's Blackwell deployment.

This strategic partnership places NVIDIA in a superior position relative to its peers in the data center and AI markets. Per market data, NVDA operates in a competitive landscape where AMD closed at $484.64 and Intel (INTC) at $91, while TSM stood at $406.11 as of the August 3, 2026 close. The operational readiness for such expansions is further evidenced by Corvex's ability to commission liquid-cooled HGX B200 capacity within just two weeks of arrival.

Investors are monitoring NVDA price levels, which stood at $206.64 at the close of August 3, 2026, with the SpaceX news expected to drive sentiment. While the upcoming economic calendar shows no direct catalysts for the company in the next seven days, markets continue to weigh the impact of the Fed's 3.75% rate hold from July 29, 2026, on semiconductor valuations.