Seeking Alpha
09 Nov 2026, 13:52 UTC · 33m ago
SpaceX: Buy - The Elon Effect Hasn't Landed Yet
Impact · against what's priced in
The news is a positive catalyst for NVDA as it provides concrete evidence for the SpaceX partnership that the market has previously declined to price in. For GOOGL, the news is neutral as it confirms existing cloud growth trends. SpaceX faces a potential valuation catalyst on December 8 due to lockup expiration.
- NVDA+0.60
Challenges what's priced in
- The price assumes
The SpaceX 10-gigawatt partnership generating $120–230 billion in incremental revenue
The market is currently refusing to pay for the SpaceX partnership; however, SpaceX's reported triple-digit growth and exclusive Nvidia relationship provide fundamental support for this declined revenue stream.
What NVDA's price assumes · Sep 1
