Nvidia Reveals $21 Billion Stake in SpaceX, Further Deepening Ties with AI Industry Capital

August 15th, Nvidia disclosed to the U.S. Securities and Exchange Commission (SEC) that as of the end of June this year, the company held approximately 1.23 billion shares of SpaceX, with a book value of nearly $21 billion.

According to the filing, due to the fluctuation in SpaceX's stock price since its listing, Nvidia's stake is currently valued at around $17 billion. This disclosure shows that Nvidia has further deepened its capital ties with core customers and AI industry chain companies through investment layout.

It is reported that Nvidia previously completed an investment in xAI, an AI company under Musk, in January of this year, and xAI later merged with SpaceX. This stake is seen as a significant return on that investment.

SpaceX CEO Elon Musk has previously stated that SpaceX's data center will establish an exclusive partnership with Nvidia, using Nvidia's latest Vera Rubin architecture for AI infrastructure development.

In recent years, Nvidia has continued to ramp up its investment in the AI industry, having invested over $100 billion in multiple AI companies and cloud computing startups, including CoreWeave, Thinking Machines, and Safe Superintelligence.

Furthermore, SpaceX is planning to significantly expand its computing capacity, with data center capacity expected to reach close to 10GW by the end of 2027, further driving AI infrastructure development.

The market believes that Nvidia is leveraging its status as the world's largest market cap company to build an ecosystem covering chips, data centers, and AI applications through investment, supply chain cooperation, and financing support.