Musk's 200,000-Chip Nvidia Plan Lifts Shares After Hours

Nvidia shares rose more than 2% in after-hours trading Tuesday after SpaceX CEO Elon Musk said the company is tracking to bring roughly 200,000 Nvidia chips online per month through year-end, underscoring the scale of AI infrastructure spending now underway. Speaking on SpaceX's third-quarter earnings call, Musk said the company expects the shortage of superintelligence computing capacity to persist for years, and that SpaceX's short-term compute constraints remain acute. Futurum Group CEO Daniel Newman said the disclosure shows the chipmaker's projections playing out, describing Nvidia as "ripping." Futurum Equities chief market strategist Shay Boloor highlighted Musk's comments as raising questions about whether the industry has enough infrastructure to meet surging demand, calling the situation "pretty insane" — particularly as SpaceX reportedly cannot find spare Nvidia, Google or Amazon chips despite billions to spend. For investors, the remarks reinforce the durability of hyperscale AI capex and offer fresh demand visibility for Nvidia's data-center franchise. The immediate signal is that even the best-capitalised buyers face supply constraints, supporting pricing and backlogs across the AI compute chain. What to watch next: whether SpaceX sustains the roughly 200,000-chip monthly pace into 2027, and whether Nvidia's own guidance confirms the demand trajectory Musk describes.