finance.yahoo.com

NVIDIA Discloses $21B SpaceX Stake Tied to xAI Investment Path

NVIDIA logoNVIDIA
Sig1.92Sen+1.29Env0.00Soc0.00Gov-0.39
SpaceX logoSpaceX
Sig2.62Sen-1.65Env-0.12Soc0.00Gov0.00

NVIDIA’s $10B investment in Elon Musk’s xAI as part of a $20B funding round helped trace its position after SpaceX acquired xAI for $1.25T. NVIDIA owns 122.8M SpaceX shares, and disclosed the stake was worth about $21B at end of Q2. After the filing, SPCX shares fell, while NVIDIA also projects scaling compute capacity toward 10GW by end-2027.

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