According to an SEC filing, Nvidia held approximately 123 million shares of SpaceX, valued at roughly $21 billion by the conclusion of the June quarter. This investment positions SpaceX as Nvidia's second-largest corporate holding. However, the value of these shares has since dipped to about $17 billion after SpaceX's IPO in June. Previously, Nvidia had provided support to Elon Musk's xAI prior to its integration with SpaceX.
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