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

Both SpaceX and NVIDIA have demonstrated strong growth, with both companies reaching trillion-dollar market caps. However, their growth trajectories and investment prospects differ significantly. NVID... Read original →

NVIDIA’s trillion-dollar revenue trajectory stems from structural dominance in AI silicon: the Blackwell architecture not only redefines datacenter energy efficiency but also forces TSMC to accelerate CoWoS advanced packaging capacity, amplifying demand for EUV lithography and HBM memory. In contrast, SpaceX’s Starlink-driven AI ambitions remain critically dependent on external GPU supply—a vulnerability exacerbated by tightening U.S. export controls. AMD and Intel are countering with MI300 and Gaudi3 accelerators, targeting sovereign AI markets excluded from NVIDIA’s ecosystem. Over the next 18 months, as global datacenters enter a 'post-Moore' deployment phase, NVIDIA’s full-stack advantage will sustain outsized margins. Without breakthroughs in on-orbit AI chip autonomy, SpaceX’s valuation risks severe correction.