#Stocks

News tagged with #Stocks

Trading floors with monitors and brokers, illustrating significant investments by NVIDIA in SpaceX

NVIDIA Becomes SpaceX's Second-Largest Shareholder: A Major Pact in the AI Ecosystem

Technology 08/16/2026, 02:35
🚀 NVIDIA has revealed massive investments in SpaceX: a $21 billion stock package has become the company's second-largest asset after Intel. 💰 In August 2026, the cost of ownership dropped to $17.2 billion due to falling stock prices, but the strategic partnership is only strengthening. 🤖 Elon Musk confirmed the exclusive use of NVIDIA chips in SpaceX data centers and expects deliveries of new Vera Rubin processors in 2027. 🔗 Investments became possible after SpaceX's acquisition of the company xAI in February 2026.
Read more →