Nvidia $NVDA Discloses $21B Stake in SpaceX $SPCX

Nvidia $NVDA has disclosed a massive investment in SpaceX $SPCX.
The company held nearly 123 million SpaceX shares at the end of Q2, valued at approximately $21 billion as of June 30.
The position makes SpaceX one of Nvidia’s largest disclosed equity investments and further deepens the financial ties between two of the biggest beneficiaries of the AI infrastructure boom.
The stake also gives $NVDA significant exposure to SpaceX’s expanding businesses across launch, Starlink and AI infrastructure.