NVDA Discloses $21B Stake In SpaceX — Elon Musk’s Rocket Firm Becomes Nvidia’s No. 2 Holding
Nvidia’s SpaceX position trails only its Intel investment, which was worth about $22 billion at the end of the latest quarter. The 122.8 million shares were received through Nvidia’s $10 billion investment in xAI before SpaceX acquired the AI company in February. SpaceX has committed to Nvidia’s Vera Rubin architecture for its data centers and…