Nvidia discloses $21 billion stake in SpaceX at end of second quarter

Nvidia Corp. disclosed a $21 billion stake in SpaceX at the end of the second quarter, held through an investment in xAI. The stake, revealed in a regulatory filing, underscores Nvidia's growing financial interest in Elon Musk's ventures.

Nvidia discloses $21 billion stake in SpaceX at end of second quarter Source: CNBC Technology https://www.cnbc.com/technology/ Nvidia /glossary/nvidia 's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter. Get AI news in your inbox Daily digest of what matters in AI.