In a Securities and Exchange Commission filing on August 14, Nvidia said its 122.8 million Class A shares in SpaceX were worth about US$21 billion at the end of the second quarter.

SpaceX, Elon Musk’s rocket and satellite company, began public trading in June.

Based on its August 14 closing price of US$140, down from US$170.86 at the end of June, Nvidia’s stake was worth about US$17.2 billion.

Before SpaceX started trading publicly, its valuation was mainly set in private markets.

Nasdaq Private Market estimated the shares at US$141.09 before its initial public offering on June 11, 2026.

A later tender offer was priced at US$135 per share, valuing the company at more than US$250 billion.

Nvidia’s SpaceX stake came from its investment in xAI before SpaceX acquired the AI company in February.

🔗 Source: CNBC

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