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Musk Spends Four Days a Week in Memphis to Scale SpaceX Compute

Elon Musk says he is working at SpaceX's Memphis site four days a week to bring its compute cluster online, according to the WSJ.

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what happened

Elon Musk says he is spending four days a week at his Memphis facility, working 'day and night', to get SpaceX's supercomputer cluster running. He has set a target of reaching 13 gigawatts of computing power by the end of next year.

The Wall Street Journal, citing SpaceX data, reports that nameplate compute stood at 1.7 gigawatts as of September 30, versus 0.6 GW a year earlier. Musk previously built a large data center called Colossus, which houses over 200,000 Nvidia chips. The second site, Colossus 2, is nearing completion and will be larger than the first.

why it matters

For markets, the scale of AI infrastructure matters: facilities like these require heavy purchases of accelerators and electricity, so rising demand flows directly into the revenue outlook for chipmakers, Nvidia above all.

market impact

Nvidia: growing demand for chips in data centers supports orders for accelerators

tags

instruments

NVDA

sources

  1. Why Musk Is Spending Four Days A Week in Memphis — WSJ, 20 October 2026 at 21:16 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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