Categories: Business

Nvidia’s SpaceX bet: Chipmaker discloses $21 billion stake in Elon Musk-owned rocket firm

Nvidia owns about 123 million shares of SpaceX, estimated at around $17 billion. Additionally, the chip giant invested in Elon Musk’s xAI prior to its merger with SpaceX. As part of their collaboration, SpaceX will employ Nvidia’s technology exclusively for its data centers. Furthermore, Nvidia has pledged over $100 billion towards AI companies and infrastructure, aiming to bolster SpaceX’s computing capabilities by 2027.

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