{"slug": "nvidia-joins-spacex-mega-investor-club-alphabet-s-94-billion-stake-tops-the-rest", "title": "Nvidia Joins SpaceX Mega Investor Club: Alphabet's $94 Billion Stake Tops the Rest", "summary": "Nvidia disclosed in an August 14 regulatory filing that it owned 122.76 million class A shares of SpaceX worth close to $21 billion at the end of June, making the rocket company its second-largest reported stock holding behind Intel. Alphabet, Google's parent company, reported a 551.18 million-share stake in SpaceX valued at $94.17 billion, topping the disclosed institutional ownership table, while Harvard Management Company reported a $2.2 billion stake in SpaceX. The investments reflect SpaceX's June IPO and its growing partnerships with Nvidia on AI infrastructure.", "body_md": "# Nvidia Joins SpaceX Mega Investor Club: Alphabet's $94 Billion Stake Tops the Rest\n\n## Harvard also recently reported a $2.2 billion stake in SpaceX\n\nNvidia disclosed in a 14th August regulatory filing that it owned 122.76 million class A shares of SpaceX worth close to $21 billion at the end of June. Nvidia's massive stake makes Elon Musk's rocket company the second-largest reported stock holding in its portfolio at the end of Q2, behind its investment in Intel. Nvidia owned 214.77 million Intel shares valued at $29.9 billion, per the filing.\n\nNote that Nvidia's SpaceX holdings came from its earlier investment in Musk's AI venture xAI. The chipmaker invested $10 billion in xAI as part of a $20 billion funding round in January, and SpaceX subsequently acquired xAI next month in a $1.25 trillion transaction.\n\nNvidia and SpaceX are now bolstering their commercial partnerships around AI infrastructure. Musk said during SpaceX's Q2 earnings call earlier this month that the company would exclusively use [Nvidia](https://www.ibtimes.co.uk/spacex-stock-dips-q2-revenue-surge-nvidia-partnership-1812550) chips in its AI data centres and for training its AI models.\n\nMusk had also stated that SpaceX expects to receive a considerable allocation of Nvidia's Vera Rubin GPUs next year.\n\n## Alphabet's SpaceX Bet Grows 100X\n\nHowever, Google's parent company Alphabet disclosed a stake in SpaceX of 551.18 million shares, valued at $94.17 billion at the end of Q2. In 2015, Alphabet co-participated with Fidelity in a funding round to invest $900 million in SpaceX, implying a growth of over 100 times its original investment.\n\nAlphabet now tops the disclosed institutional ownership table for SpaceX. Gigafund Management owned around 171.8 million SpaceX shares. Other investors like Baillie Gifford owned 51.4 million SpaceX shares, while BlackRock and Ontario Teachers' Pension Plan owned 51 million and 50.7 million shares, respectively.\n\n## Harvard Makes $2.2 Billion SpaceX Bet\n\nHarvard University's investment arm, Harvard Management Company, recently reported a $4.3 billion portfolio of US stocks. The filing also revealed a massive $2.2 billion stake in SpaceX.\n\nThe investment reflects how SpaceX's June IPO delivered a major boost for university endowments that gained exposure to the company via venture capital investments, in some cases more than 10 years ago.\n\nEven the University of California's investment branch disclosed a position in SpaceX worth nearly $1 billion in a filing this week, while the University of North Carolina and Washington University in St. Louis also held investments in the rocket company.\n\nThe gains arrive as university finances face mounting pressure from uncertainty over federal research funding, demographic changes that are reducing the pool of college-age students, as well as weaker returns from private equity. However, large university endowments have delivered robust recent performance.\n\nEndowment funds managing over $500 million returned a median 18.9% before fees in the year ended in June, according to the Wilshire Trust Universe Comparison Service.\n\nThe SpaceX stock gained 1.2% during Monday premarket hours to around $141.77 per share, valuing the company at over $1.8 trillion. The stock has faced extreme volatility since its June IPO when it reached an all-time high of $225.64 per share. However, shares [appear to be steadily rebounding](https://www.ibtimes.co.uk/spacex-shares-surge-market-volatility-1813938) from an all-time low of $106.66 on 5th August.\n\n**Disclaimer**: Our digital media content is for informational purposes only and does not constitute investment advice. Please conduct your own analysis or seek professional advice before investing. Remember, investments are subject to market risks, and past performance does not guarantee future returns.\n\n© Copyright IBTimes 2025. All rights reserved.", "url": "https://wpnews.pro/news/nvidia-joins-spacex-mega-investor-club-alphabet-s-94-billion-stake-tops-the-rest", "canonical_source": "https://www.ibtimes.co.uk/nvidia-alphabet-investments-spacex-billion-dollar-bet-1814601", "published_at": "2026-08-17 11:07:04+00:00", "updated_at": "2026-08-17 11:11:56.215594+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Nvidia", "SpaceX", "Alphabet", "Intel", "Harvard Management Company", "Elon Musk", "Gigafund Management", "Baillie Gifford"], "alternates": {"html": "https://wpnews.pro/news/nvidia-joins-spacex-mega-investor-club-alphabet-s-94-billion-stake-tops-the-rest", "markdown": "https://wpnews.pro/news/nvidia-joins-spacex-mega-investor-club-alphabet-s-94-billion-stake-tops-the-rest.md", "text": "https://wpnews.pro/news/nvidia-joins-spacex-mega-investor-club-alphabet-s-94-billion-stake-tops-the-rest.txt", "jsonld": "https://wpnews.pro/news/nvidia-joins-spacex-mega-investor-club-alphabet-s-94-billion-stake-tops-the-rest.jsonld"}}