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Nvidia (NVDA) Stock Is Sitting on a $17 Billion SpaceX Position

By Trader Edge at 2026-10-03 06:34

Sentiment: Negative

TLDR Nvidia disclosed a $21 billion stake in SpaceX at the end of Q2, holding 122.8 million Class A shares SpaceX stock has dropped from $170.86 to $140 since its June IPO, cutting the stake’s value to around $17.2 billion Nvidia’s SpaceX position came via a $10 billion investment in xAI, which SpaceX acquired in [...] The post Nvidia (NVDA) Stock Is Sitting on a $17 Billion SpaceX Position appeared first on CoinCentral. Continue reading...

Categories: Stocks

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