Elon Musk has denied reports that SpaceX placed a $52 billion order for NVIDIA GPUs from Foxconn, calling the story 'fake news' on social media.
What Happened
Taiwanese media, citing unnamed industry sources, reported that SpaceX planned to acquire approximately 13,000 AI server racks—equating to roughly 1 million GB300 GPUs—from Foxconn. Each rack was estimated at around $4 million, with deliveries potentially starting in late 2025. The reports suggested this would mark SpaceX's first major foray into Foxconn-manufactured NVIDIA hardware. Musk responded directly on X: 'This is fake news.'
Why It Matters
The rumor surfaced amid SpaceX's documented expansion into AI infrastructure. The company already operates gigawatt-scale terrestrial compute clusters, including Colossus in Memphis, Tennessee, and has secured leasing deals with major AI customers such as Anthropic and Google. SpaceX's integration of xAI and its Grok models, combined with Starlink's global network, positions the company as a growing player in both aerospace and artificial intelligence markets.
The Bottom Line
While Musk denied this specific deal, SpaceX continues to build out significant AI compute capabilities through existing infrastructure and customer partnerships, according to publicly available information about the company's operations and contracts.