NVIDIA Corp (NASDAQ:NVDA) shares are moving higher in extended trading Tuesday after Elon Musk announced Space Exploration Technologies Corp (NASDAQ:SPCX) will build "exclusively" on the Nvidia platform.
Nvidia stock is showing upward movement.
Why is NVDA stock trading higher?
SpaceX To Build Exclusively On Nvidia SpaceX reported its first quarterly results as a public company after the market close on Tuesday.
On the conference call following the print, Musk suggested that Nvidia systems are superior to competitors.
