Nvidia Bets Big on SpaceX with Record Shareholding

Nvidia has disclosed its substantial stake in SpaceX through its latest 13F filing. The tech giant holds approximately 122.76 million shares of SPCX stock as of the end of Q2, led by CEO Jensen Huang's investment strategy.

This move is not surprising given Nvidia's earlier bet on xAI, which SpaceX absorbed through its February acquisition. The acquisition was ahead of SpaceX's historic Nasdaq debut in June, which raised nearly $85.7 billion, including $10.7 billion from underwriters exercising their options, making it the largest IPO in history.

Nvidia's portfolio remains heavily concentrated in AI and semiconductor names, with its Intel stake steady at 214.78 million shares, a Nokia position of 166.39 million shares, and smaller holdings in several other companies.