Nvidia discloses $21 billion stake in SpaceX at end of second quarter - CNBC

“Nvidia has disclosed a $21 billion stake in SpaceX at the end of the second quarter, marking a significant investment in the private space exploration company. This move highlights Nvidia's growing interest in space technology and its potential to revolutionize industries such as satellite imaging and telecommunications. The implications of this investment for the US market and economy are significant, as it could lead to advancements in space-based infrastructure and services. Expert Analysis: This investment underscores Nvidia's strategic shift towards emerging technologies, positioning the company for long-term growth and dominance in the space technology sector. The partnership with SpaceX also has the potential to accelerate the development of cutting-edge technologies, such as advanced propulsion systems and satellite constellations.”