UK Boosts SpaceX Satellite Spending, SpaceX Partners with Nvidia

By EC Assets · Published 10 September 2026

The UK has reportedly deepened its reliance on SpaceX, allocating nearly $40 million for satellite services from Elon Musk’s company. This development was published on September 10, 2026. SpaceX, an exploration technologies company, has recently been a significant topic in news cycles. SpaceX also announced its exclusive use of Nvidia's platforms for its builds. Elon Musk referred to the Vera Rubin as the top AI computer currently available on the market. Shares in Nvidia climbed after this announcement. Musk stated that SpaceX highly values its close cooperation and partnership with Nvidia. The company's CEO emphasized that the Vera Rubin architecture is considered the best. This exclusive relationship between SpaceX and Nvidia was noted by market observers. SpaceX is reportedly discussing an initial public offering (IPO) strategy. A source indicated that Elon Musk is considering allocating as much as 30% of SpaceX’s IPO to individual investors. This retail slice is at least three times the usual allocation. This article is intended for informational purposes only. It does not constitute investment advice.