Nvidia's second-quarter results and 13F filing, published at the end of August, showed it held about 122.8 million SpaceX (SPCX) shares, making SpaceX its second-largest holding behind only Intel and ahead of CoreWeave, worth roughly $18 billion at the time of writing. The stake traces back to Nvidia's earlier investment in XAI, which was folded into SpaceX and later renamed XSI. SpaceX's third-quarter revenue rose 161% year over year to $14.6 billion, led by the super intelligence segment, which grew 830% to $7.56 billion. Musk said SpaceX's data centers will exclusively use Nvidia processors, and on Oct. 25 he announced $40 billion in debt financing to buy GPUs, with delivery expected in the first half of 2027. The article suggests this implies a roughly $40 billion contract for Nvidia, and says Nvidia could benefit from its stake if SpaceX's AI strategy succeeds.
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NvidiaSpaceXElon MuskAI investmentartificial intelligence
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.38 |
| Change that session | -1.17% |
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