SpaceX and Nvidia Each Forecast $1 Trillion in Revenue. Which Stock is the Better Buy? - The Globe and Mail

This article analyzes the market performance and revenue forecasts of SpaceX and NVIDIA, examining their competitive positions in the artificial intelligence sector and their investment potential. Whi... Read original →

NVIDIA’s path to $1 trillion in revenue stems from the infrastructure-grade demand for AI compute. The Blackwell platform not only cements its dominance in training chips but also extends into inference via the Vera Rubin system, forcing upstream suppliers like TSMC and ASML to accelerate EUV capacity—creating a self-reinforcing tech stack lock-in. In contrast, SpaceX’s Starlink may offer edge-AI potential, yet its capital-intensive model faces mounting regulatory friction in spectrum allocation and export controls across the U.S. and EU. Competitors like AMD and Intel are pushing MI300 and Gaudi3 into mid-tier AI workloads, but can’t breach NVIDIA’s CUDA moat. Over the next 18 months, data centers will enter a 'GPU density' arms race, where NVIDIA’s full-stack optimization should sustain gross margins above 60%. Without surpassing 100 million monetizable Starlink users by 2027, SpaceX’s valuation risks severe correction.