Analyst projects $100 billion incremental revenue for NVDA if SpaceX deploys just 2 GW of its 20 GW AI compute target by 2027.
Nvidia could reach $1 trillion in revenue if SpaceX delivers even a fraction of its promised 20 GW AI compute capacity by 2027. SpaceX committed to using NVDA’s Vera Rubin chips exclusively for its AI platform, with Elon Musk targeting full deployment by the end of 2027.
Melius Research analyst Ben Reitzes estimates that just 2 GW of SpaceX’s buildout could generate $100 billion in additional revenue for Nvidia. CEO Jensen Huang previously projected $1 trillion in cumulative Vera Rubin chip revenue through 2027, aligning with the bullish outlook.
NVDA currently trades below Melius’s $400 Buy target, reflecting potential upside from the SpaceX partnership. The deal underscores Nvidia’s dominance in AI infrastructure as demand for high-performance computing accelerates.