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The SpaceX initial public offering (IPO) is shaping up to be one of the most anticipated market events in years. But buried inside its pre-IPO filings is a detail that should make Nvidia (NVDA) investors stop and think.
SpaceX, a company founded by Elon Musk, disclosed plans to make its own chips. Could SpaceX's IPO set the stage for one of Nvidia's biggest competitive threats yet?