Nvidia discloses it holds a stake in Elon Musk’s SpaceX worth about $21 billion at the end of the second quarter, according to company filings reported by multiple outlets. The stake is described as coming through Nvidia’s investment in Musk’s AI company, xAI.
Several reports note that the disclosure follows developments involving SpaceX and Nvidia’s broader relationship. The Financial Times links the timing to an announcement by Musk about an exclusive arrangement to supply or “kit out” SpaceX data centers, while other coverage focuses on the value and ownership details in Nvidia’s financial reporting. Bloomberg also places the disclosure alongside another disclosed equity position.
Bloomberg reports that Nvidia also discloses roughly $30 billion in Intel shares, providing context for the company’s large public-market holdings. Across outlets, the central point is the reported size of Nvidia’s SpaceX stake and how it is accounted for through its xAI-related investment, rather than changes in SpaceX’s operations themselves.
