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Could Elon Musk End Up as Jensen Huang's Boss? A Black Leather Jacket May Soon Hang on a Musk Company Coat Rack

Dow Jones11-12 23:04

Tesla and SpaceX CEO Elon Musk isn't one to shy away from controversy. And he's found another one to wade into: The future of Nvidia CEO Jensen Huang.

Huang is no longer Nvidia's CEO after an extramarital affair and a Chinese spying scandal cost him his job at the world's most valuable semiconductor company, which he founded. Nvidia hasn't responded to requests for comment. Huang has acknowledged the affair, and Nvidia's board has convened an independent committee to investigate.

Huang has left Nvidia, but he might not be out of work for long. Musk tweeted on Wednesday evening that it "would be an honor" to hire Huang.

Tesla and SpaceX didn't respond to a request for comment about the tweet.

To be sure, Musk and Huang know each other well and are friendly. SpaceX and Tesla buy Nvidia chips for their supercomputers. SpaceX is renting its AI computing capacity, training AI models, and creating digital assistants. Tesla uses AI computers to create physical AI applications such as robo-taxis and robots.

Exactly how, when, and if Huang ends up in the Musk-verse is difficult to say. But there might be another black leather jacket on one of Musk's company coat racks.

It's also hard to say the impact it would have on Tesla or SpaceX stock. SpaceX investors might like the idea. SpaceX stock was down almost 5% in early trading at $146.56. Tesla stock was up 0.7% at $393.72, while the S&P 500 and Dow Jones Industrial Average were down 0.3% and 0.1%, respectively.

The prospect of losing Huang to Nvidia shareholders is easier to suss out. Nvidia stock was down 8% in early trading at $159.92. That level leaves shares down almost 14% for the week. News of the board investigation broke on Sunday.

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Comment(2)

  • Kekemon
    ·11-12 23:43
    This will be a world best combo. Let's do it.😊
    Reply
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  • Always me
    ·11-12 23:25
    強強聯手。 invincible
    Reply
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