Reports claimed Foxconn agreed to buy $52 billion worth of 13,000 NVIDIA GB300 racks (up to 936,000 GPUs) from SpaceX to expand its Colossus data centers and Foxconn's AI-server market share, but Elon Musk called the story "fake news" and no parties have confirmed the deal. The rumored order, set to begin deliveries in Q4 2026, included each rack priced at $4 million and would have marked a major expansion of SpaceX's AI compute footprint, which was a driving factor behind its $1.75 trillion IPO. Foxconn expects to capture 40 percent of the global AI server market by year-end, and reports stated this contract adds material upside to its projections while breaking the Dell/Supermicro duopoly. The order is part of SpaceX's broader push to scale its Colossus data centers, with Colossus 2 already home to over 550,000 GPUs, and follows compute deals with Google, Anthropic, and Pentagon-linked Reflection AI.