SpaceX Commits to Nvidia-Exclusive AI While Building Its Own GPU Alternative

On August 4, 2026, Elon Musk declared SpaceX "exclusive to Nvidia" for AI services. Two days earlier, SpaceX's first financial results disclosed compute contracts exceeding $25 billion annualized. Yet in April 2026, SpaceX told investors its Terafab project targets in-house GPU production to manage chip supply risks. One company, two contradictory bets: lock in a single vendor while racing to replace it.