Nvidia Reveals a $21 Billion Position in SpaceX. Here's How That Could Impact Its Earnings
The chipmaker recently released its 13F holdings report, revealing a large stake in the space stock.
Overview
Nvidia (NASDAQ: NVDA) invests in many promising growth companies, and one of its largest positions is in Space Exploration Technologies Corp, also known as SpaceX. When Nvidia recently filed its 13F holdings report, which identified its largest investments, SpaceX was near the top of the list, worth $21 billion as of the end of June. The only larger holding for Nvidia was in Intel, where its investment was worth close to $30 billion.
For Nvidia investors, that means they're getting indirect exposure to the top IPO of 2026 thus far. But will having so much exposure to SpaceX cause problems for the tech company later on, given how volatile the newly issued space stock has been since going public?
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Originally published at www.fool.com.