Rich Smith, The Motley Fool Thu, November 12, 2026 at 11:54 AM EST 3 min read NVDA -5.53% SPCX +2.53% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
By now, you've heard the news: Jensen Huang, the legendary CEO of Nvidia (NASDAQ:NVDA), has resigned after alleged affairs with not only a Chinese spy but also an Nvidia executive cost him his job. Nvidia stock is down 4.6% through 11:15 a.m. ET Thursday; meanwhile, shares of one of Nvidia's biggest customers, Elon Musk's Space Exploration Technologies (NASDAQ:SPCX), are up 2.9%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
On the surface, you might expect that Nvidia's troubles would be bad news for SpaceX. Nvidia's GPU chips, after all, have been key to the artificial intelligence revolution, and Elon Musk has bet the future of his company on AI (or as he calls it, SI -- "SuperIntelligence"). A disruption in the AI industry arising from Huang's ouster could theoretically hurt SpaceX.
Consider: Just last night, popular stock commenter "zerohedge" posted on X.com a suggestion that Elon Musk hire Jensen Huang to work at SpaceX. Musk responded quickly -- and positively -- that he would consider Huang joining SpaceX "an honor."
More than just an "honor," SpaceX (or Tesla (NASDAQ:TSLA), or a merged SpaceX-and-Tesla) poaching Huang from Nvidia would be a coup, a brilliant move on Musk's part, and a way to turbocharge SpaceX's own efforts to build artificial intelligence chips and AI data centers in space. In one fell swoop, Musk might co-opt arguably the leading mind in semiconductor chips, bring him in-house -- and deny him to any of SpaceX's competitors.
I don't know that this will happen. I only know that if I were a SpaceX or Tesla shareholder, I'd be crossing every finger and hoping it does happen.
Before you buy stock in Space Exploration Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Space Exploration Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $348,060!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,067,492!*
Now, it's worth noting Stock Advisor's total average return is 849% — a market-crushing outperformance compared to 210% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of November 12, 2026.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia, Space Exploration Technologies, and Tesla. The Motley Fool has a disclosure policy.
Why SpaceX Stock Popped After Nvidia's CEO News was originally published by The Motley Fool
