Elon Musk’s public statement that hiring Jensen Huang “would be an honor” immediately after the Nvidia co-founder’s abrupt November 12 resignation has become the main catalyst lifting SpaceX’s implied probability in related markets. The two companies already maintain deep ties through Nvidia’s multibillion-dollar SpaceX stake, SpaceX’s exclusive reliance on Nvidia GPUs for AI infrastructure, and joint development of the Star Mind computer for orbital data centers slated for volume production in 2027. Musk has also endorsed a petition seeking Huang’s reinstatement at Nvidia while its board evaluates successors including Arm’s Rene Haas. Traders are watching whether personal scandal fallout, employee reinstatement pressure, or SpaceX’s expanding AI and semiconductor ambitions could produce a formal offer before any resolution deadline.