Prediction: SpaceX Won't Merge With Tesla. It's Going to Buy This Nvidia-Backed Artificial Intelligence (AI) Company Instead.
Written by Adam Spatacco for The Motley Fool -> SpaceX plans to use some of its IPO proceeds to procure additional GPUs from Nvidia. SpaceX may also build on its prior acquisition history and pursue new businesses to buy following the IPO. SpaceX could be interested in acquiri
SpaceX plans to use some of its IPO proceeds to procure additional GPUs from Nvidia.
SpaceX may also build on its prior acquisition history and pursue new businesses to buy following the IPO.
SpaceX could be interested in acquiring an Nvidia-backed telecom equipment and infrastructure company.
According to freshly published details, SpaceX is pricing its upcoming initial public offering (IPO) at $135 per share and plans to offer 555.6 million shares. This implies that the SpaceX IPO would raise $75 billion -- the largest of any company in history.
Investors already know that some of SpaceX's IPO proceeds are earmarked for chip procurement from Nvidia and for the build-out of its own Terafab fabrication facility. Moreover, the company's S-1 filing also references a clear appetite for acquisitions.
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While Wall Street continues to speculate about a potential merger with Tesla , I think a more compelling and overlooked opportunity is hiding in plain sight in Nokia (NYSE: NOK) . Let's unpack why acquiring Nokia could make strategic sense for SpaceX as the company pursues its goal of building an end-to-end sovereign AI platform.
Regarding advanced computing capabilities, SpaceX's procurement playbook is already clear. The company is building its own custom silicon through the Terafab initiative while also maintaining a relationship with Nvidia for training and inference infrastructure.
