Foxconn’s reported $52 billion SpaceX AI server deal is disputed by Elon Musk

Taiwan’s Economic Daily said Foxconn won a SpaceX order for more than 13,000 Nvidia GB300 AI server racks, but Elon Musk denied the claim and called the report “fake news.”

Summary

Taiwan’s Economic Daily reported that Foxconn, formally Hon Hai Precision Industry, had secured an approximately $52 billion contract to supply SpaceX with more than 13,000 Nvidia GB300-powered AI server racks, with deliveries starting in late 2026 and running through the first quarter of 2027. Elon Musk later rejected claims that SpaceX planned such an order, calling the report “fake news,” leaving the reported transaction unconfirmed and disputed.

Terms & Concepts
  • Nvidia GB300: Nvidia AI computing platform referenced in the disputed report, based on the Blackwell architecture.
  • AI server racks: Grouped server systems configured to handle large-scale AI training and inference workloads.
  • Blackwell architecture: Nvidia chip architecture underpinning the GB300 systems cited in the report.