SpaceX's Nvidia deal may disadvantage neoclouds like CoreWeave and Nebius

Elon pledges to give Nvidia a virtual monopoly over the stars

SpaceX commits to Nvidia-only for Starmind satellites, extending Nvidia's 85% GPU dominance to space—no AMD competitor. Profitability depends on Starship achieving $10/kg launch costs versus current $7k/kg; SpaceX's $541M quarterly loss and 6x capex growth signal execution uncertainty.