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Since its historic public debut earlier this month, Elon Musk-led Space Exploration Technologies (SPCX), better known as SpaceX, has quickly become one of Wall Street's most closely watched stocks, capturing the attention of both institutional and retail investors. The enthusiasm has been so strong that the stock generated retail trading volume more than 3.5 times that of chip giant Nvidia Corporation (NVDA), underscoring its growing popularity among investors.
According to a recent CNBC report, the company has landed another significant deal that showcases the growing value of its data center infrastructure business. Under the agreement, artificial intelligence (AI) startup Reflection will gain access to Nvidia's cutting-edge GB300 chips housed within SpaceX's Colossus data center infrastructure to train and deploy AI models. The deal, which begins on July 1, 2026, and extends through 2029, carries a price tag of $150 million per month.
