Nvidia disclosed in an SEC filing that it holds nearly 123 million SpaceX shares, worth roughly $21 billion at the end of June, though the stake's value has since dropped to about $17 billion after SpaceX's shares fell post-IPO. The holding stems from Nvidia's January investment in xAI, which Musk later merged with SpaceX. Musk also confirmed SpaceX will build data centers exclusively on Nvidia's Vera Rubin architecture, deepening the financial and business ties between the two companies.
Questions this post answers
Why does Nvidia own a stake in SpaceX?
Nvidia's SpaceX stake originated from its investment in xAI, completed in January, which Elon Musk later merged with SpaceX. An SEC filing disclosed Nvidia held nearly 123 million SpaceX shares worth about $21 billion at the end of June, though the value fell to roughly $17 billion after SpaceX shares declined following its June IPO. Follow how AI chipmakers and their biggest customers become intertwined financially on daily.dev.
What GPU architecture is SpaceX using for its data centers?
SpaceX is building its data centers exclusively on Nvidia's Vera Rubin architecture. Elon Musk said during SpaceX's first public earnings call that the company chose Nvidia because it believes Vera Rubin is the best AI computer architecture and values its close partnership with Nvidia. daily.dev helps engineers track which AI hardware architectures major players are betting on.