Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia's stake in SpaceX, acquired through its investment in xAI, was worth roughly $21 billion at the end of the second quarter. The disclosure highlights the chipmaker's expanding indirect footprint across AI and space ventures.
Nvidia disclosed in a new regulatory filing that its stake in SpaceX was worth roughly $21 billion at the end of the second quarter. The chipmaker holds the position indirectly, through its investment in Elon Musk's artificial intelligence venture, xAI.
The disclosure underscores how Nvidia's financial ties now extend well beyond AI infrastructure sales. xAI's corporate and strategic links to SpaceX illustrate how such indirect holdings are becoming increasingly intertwined across Musk's business empire.
Investors have begun scrutinizing Nvidia's off-balance-sheet assets more closely. While the company's market value remains driven largely by demand for its AI chips, stakes like this one add another layer of value that analysts are now factoring into their outlooks.
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