Nvidia disclosed a $21 billion stake in SpaceX
On Friday, Nvidia disclosed its interest in SpaceX at Elon Mask, valued at approximately $21 billion at the end of the second quarter, holding 122.8 million in category A shares. On Friday, SpaceX ' s equities received $140, down from $170.86 at the end of June, reducing the value of Nvidia ' s shares to approximately $17.2 billion. Nvidia is the sixth largest investor in SpaceX, while Mask is the largest shareholder, with a value of approximately $85 billion. Nvidia ' s share came from $10 billion in investment in XAI in Mask, as part of $20 billion in financing in January. SpaceX acquired XAI in February with a valuation of $1.25 trillion. Mask indicated at SpaceX's financial call conference that the company used Nvidia's chip for the AI data centre only and that Nvidia's graphic processing module was the “best structure” for training the AI model. He also expected SpaceX to receive the “critical quota” of Vera Rubin GPU in Nvidia next year。
