Updated
Updated · Yahoo Finance · Aug 16
NVIDIA Reveals $21 Billion SpaceX Stake as SpaceX Commits 10 Gigawatts to NVIDIA GPUs
Updated
Updated · Yahoo Finance · Aug 16

NVIDIA Reveals $21 Billion SpaceX Stake as SpaceX Commits 10 Gigawatts to NVIDIA GPUs

3 articles · Updated · Yahoo Finance · Aug 16

Summary

  • 122.8 million SpaceX shares worth about $21 billion were disclosed in NVIDIA’s Q2 13F, underscoring a deepening tie with Elon Musk’s company.
  • SpaceX has committed exclusively to NVIDIA GPUs for its AI infrastructure and is targeting 10 gigawatts of compute by the end of 2027, up from 1.4 gigawatts today.
  • That expansion could cost roughly $500 billion, aligning with NVIDIA’s newly announced financing partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion.
  • NVIDIA is framing the buildout as part of an AI infrastructure boom that Jensen Huang says could rise from about $800 billion today to $3 trillion-$4 trillion annually by decade’s end.

Insights

Will SpaceX's multi-billion dollar gamble on orbital AI data centers secure Nvidia's dominance or become a massive financial black hole?
Why is Google quietly paying SpaceX nearly a billion dollars monthly for Nvidia AI infrastructure instead of using its own tech?
Could Nvidia's strategy of taking massive equity stakes in its biggest clients artificially inflate the AI chip market's true demand?