SpaceX shares surged 7% on Wednesday after the company reported strong third-quarter results and a robust outlook through 2027. Elon Musk said the main constraint on artificial intelligence deployment now concerns power and cooling rather than chips; SpaceX plans to bring 2.5 to 3 gigawatts of computing power online by year-end and expects to add 10 gigawatts in 2027. Grok Bot already had 800,000 paid weekly users in early November, more than doubling in one month, and its growing usage should increase demand for computing power. According to the article, these prospects benefit GE Vernova and Eaton for electrical and cooling equipment, as well as Nvidia, Intel, Micron and Broadcom for semiconductors, while new computing deployments are generating a payback of less than one year.
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