Nvidia commits $51B to SpaceX and Intel
Nvidia revealed investments totaling approximately $51 billion in SpaceX and Intel until June 2026, through its substantial ownership stakes in both companies. This includes 122.8 million shares in SpaceX valued at nearly $21 billion, and 214.8 million shares in Intel worth around $30 billion. Nvidia's stake in Intel experienced a significant increase in just three months, soaring from about $9.5 billion to $30 billion, as a result of a direct investment deal between the two companies aimed at developing computer chips and data centers. This surprising move reflects Nvidia's expansion into sectors such as technology, space, and semiconductors. Additionally, Nvidia holds stakes in several other companies across the fields of artificial intelligence and biotechnology, highlighting its broader investment expansion into biotech and AI industries.
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