NVIDIA discloses a $20.98B SpaceX stake

NVIDIA’s first public 13F filing lists $20.98 billion of Space Exploration Technologies Class A stock as of June 30, alongside a $4.70 billion CoreWeave position. The SEC information table records 122.8 million SpaceX shares and puts the filing’s eight listed positions at $63.44 billion in total; its cover filing identifies NVIDIA as the filer. For anyone following NVIDIA’s photonic AI-factory network, file this as a capital-allocation clue: the chip supplier is exposing a wider strategic portfolio around compute, connectivity, and orbital infrastructure—not merely selling accelerators.