Elon Musk’s plan to scale SpaceX data centers to 10 gigawatts by 2027, exclusively with NVIDIA hardware, could generate $300 billion in new orders, according to an article by Gerelyn Terzo published August 12, 2026. NVIDIA trades at $218.10, with its Data Center segment representing 92% of total revenue and a $5.42 trillion market cap. On SpaceX’s first earnings call, Musk said he wants to scale capacity from roughly 1.4 gigawatts today to 10 gigawatts by year-end 2027. SemiAnalysis estimates the buildout at $50 billion per gigawatt annually, or $300 billion to $500 billion in 2027 capital spending alone, and considers the target achievable. Musk said SpaceX would work exclusively with NVIDIA, a decision tied to expected vendor-financing support. NVIDIA recently announced a $500 billion financing partnership with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. Adding $150 billion to $200 billion in incremental SpaceX orders, alongside Q2 guidance of $91 billion, up roughly 34% year over year, could push the share price toward $500. However, the scale poses risks: a single customer proposing capex on par with AWS and Google combined, at a company far less profitable than either, creates concentration risk. NVIDIA’s $119 billion pipeline in supply commitments assumes continued AI capex, and if SpaceX funding tightens or