📊 Nvidia owns SpaceX shares worth $21 billion 💲💰

The US company Nvidia holds a portfolio of shares in Elon Musk’s SpaceX worth $21 billion.

This is reported by CNBC, according to Ukrinform.

Nvidia said that its stake in SpaceX at the end of the second quarter of this year was about $21 billion.

In total, the company owns 122.8 million shares of Elon Musk’s space company.

Nvidia holds these shares thanks to the company’s $10 billion investment in the AI startup xAI in January of this year, when it was still a separate company before merging with SpaceX.

SpaceX acquired xAI in February of this year as part of a $1.25 trillion deal, and in June it officially began trading on a US exchange.

#SpaceX #XAI #NVIDIA