Nvidia discloses ~$21 billion SpaceX stake, traced to its xAI investment
Nvidia disclosed on August 14 that it held about 122.8 million SpaceX shares, worth roughly $21 billion, as of June 30 — its second-largest holding after its roughly $22 billion Intel stake. The equity traces back to Nvidia's $10 billion investment in xAI in January, which was later folded into SpaceX. SpaceX's share price has since fallen from $170.86 at the end of June to $140 on August 14, putting the current value of Nvidia's stake at roughly $17.2 billion.
Verification note: Figures compiled from coverage of Nvidia's SEC filing; the stake's value moves with SpaceX's share price — check Nvidia's official filings for the latest.