AMD $AMD Discloses Nearly $566M Stake in SpaceX $SPCX

AMD $AMD has disclosed a sizable equity position in SpaceX $SPCX.
The company reported holding approximately 3.31 million SpaceX shares at the end of Q2, valued at roughly $566 million.
The stake gives AMD direct exposure to one of the world’s largest space and AI infrastructure companies as SpaceX continues expanding across Starlink, launch services and compute infrastructure.
The disclosure also highlights how major technology companies are increasingly holding strategic equity positions across the broader AI ecosystem.