Nvidia vs. SpaceX: BofA Sees SPCX Up 61%, Nvidia Joins $668M AI Deal

Investors frequently contrast Nvidia with SpaceX, particularly following the aerospace firm’s major technical milestone. A comparative look at Nvidia and SpaceX stock still positions Nvidia ahead regarding reliable profits, whereas SpaceX shares depend largely on the future trajectory of its orbital programs and AI hosting. Both enterprises rank among the top artificial intelligence equities, and an evaluation of their worth continues to favor Nvidia, even as Wall Street grows increasingly optimistic about SpaceX.

Also Read: SPCX Stock Surges as Mizuho and Morgan Stanley Turn Bullish

Nvidia vs SpaceX Valuation: Which AI Stock Has More Upside?

Nvidia boasts a market capitalization near $5.2 trillion, with a share price hovering around $212 and a trailing P/E ratio close to 27.6x—a multiple backed by concrete, expanding earnings. Meanwhile, SpaceX holds a valuation close to $2 trillion, with its stock trading between $145 and $146 following a 2% decline on positive news, having moved within a 52-week range of $104.83 to $225.64. Bank of America has amplified the discussion surrounding this valuation comparison, with analyst Ronald Epstein setting a SpaceX price target of $235, representing approximately a 60% premium over the reference price.

Nvidia’s Case In The Valuation Fight

Within this market comparison, Nvidia’s pricing stems primarily from its near-monopoly on the processors driving the current AI expansion, spanning from Blackwell to the newer Vera Rubin architecture. Furthermore, Nvidia recently participated in a $668 million funding round for AI cloud enterprise GMI Cloud, joining South Korean entities like KB Investment to demonstrate the breadth of its investments beyond hardware. This consistent demand explains why analysts view Nvidia as the more conservative investment among artificial intelligence stocks, despite its immense scale restricting future percentage gains.

Starship’s Orbital Win Boosts BofA’s SpaceX Call

SpaceX shares have experienced significant volatility since their June launch, and a Nasdaq regulation expedited the company’s inclusion in the Nasdaq-100 on July 7, compelling funds such as the Invesco QQQ Trust to acquire shares for millions of retirement portfolios. On September 28, SpaceX achieved its most significant technical accomplishment to date by successfully launching Starship into orbit, deploying 26 Starlink V3 satellites, and retrieving the Super Heavy booster. Despite this success, SpaceX stock dipped 2% to $145.47 immediately afterward.

Anyone performing a stock analysis based strictly on growth potential would likely favor SpaceX at this stage, given that the new Wall Street price objective suggests substantial room for expansion.

What SpaceX And Nvidia Officials Are Saying

Leaders from both organizations have spoken openly regarding the partnership between Nvidia and SpaceX, with several notable statements highlighted below.

Elon Musk, SpaceX CEO, said:

“highly confident that SpaceX will be launching Nvidia VR NLV72 AI computers in space”

Jensen Huang, Nvidia CEO, said:

“Space computing, the final frontier, has arrived.”

Bret Johnsen, SpaceX CFO, said the company’s AI hosting deal gave management:

“even more conviction”

A comparative review of the two equities at the time of publication continues to favor Nvidia based on consistent revenue, though SpaceX shares recently secured a renewed endorsement from Bank of America following the successful orbital flight of Starship. Nvidia maintains its dominant position among AI-related investments, but the potential returns for SpaceX appear closer than before.

?अक्सर पूछे जाने वाले प्रश्न

01What is the market cap of Nvidia?

Nvidia’s market capitalization is near $5.2 trillion, with shares trading around $212.

02What is SpaceX’s valuation?

SpaceX carries a valuation near $2 trillion, with its stock trading around $145 to $146.

03What price target did Bank of America set for SpaceX?

Bank of America analyst Ronald Epstein backed a $235 SpaceX price target, which is roughly 60% above the reference price.

04What major technical win did SpaceX achieve?

On September 28, SpaceX sent Starship into orbit, deployed 26 Starlink V3 satellites, and landed the Super Heavy booster.