Nvidia Reveals Billions in Secret Stakes in SpaceX and Intel
Nvidia has made significant investments in two prominent tech companies - SpaceX and Intel. According to a regulatory filing, Nvidia held around $21 billion worth of shares in Elon Musk's SpaceX as of June 30. The company also disclosed a $30 billion stake in Intel Corp.
The exact number of shares held by Nvidia in both companies is substantial: it had about 122.8 million shares in SpaceX and 214.8 million shares in Intel.
This disclosure comes as a surprise, given the lack of information on these investments until now. The exact reasons behind Nvidia's large stakes in these companies are unclear, but it's likely that they see potential for growth and collaboration in the future.