Nvidia reportedly holds 122.8 million Class A shares in SpaceX, a stake that emerged from the space company's June IPO, according to a report. The figure, if accurate, would make the chipmaker one of SpaceX's largest shareholders.
The reported stake
The report, which has not been confirmed by either company, puts Nvidia's holding at exactly 122.8 million Class A shares. That number alone doesn't reveal what percentage of SpaceX Nvidia controls, since the total share count hasn't been disclosed. But a stake that size — even in a company as large as SpaceX — is not a rounding error.
SpaceX went public in June, a move that was long rumored but never officially detailed. The IPO gave outside investors a chance to buy into the rocket and satellite company for the first time. Nvidia's reported position suggests it either participated in the offering or acquired shares through a secondary transaction.
What the report doesn't say
The report doesn't explain how Nvidia came to hold the shares, whether it bought them directly in the IPO or picked them up on the open market. It also doesn't say how much Nvidia paid or when exactly the stake was built.
Neither Nvidia nor SpaceX has commented on the report. Without official confirmation, the number remains just that — a report.
Nvidia is best known for making graphics chips, but it has been pushing into data centers and AI hardware. SpaceX operates in a completely different field — space launch and satellite internet. A stake that large would tie the two companies together financially, even if their businesses don't overlap much.
It's also a notable crossover. A major tech company holding a significant position in a space company isn't unheard of, but the reported size of Nvidia's stake stands out.
Unanswered questions
The biggest question is whether Nvidia plans to hold the shares long-term or treat them as a short-term investment. There's also the matter of whether the company will disclose the stake in its next regulatory filing. Nvidia is a public company, so if it owns that many shares, it will eventually have to report them — unless they're held through a subsidiary that doesn't trigger disclosure thresholds.
For now, the report sits without official comment. The next step is either confirmation from Nvidia or SpaceX, or a regulatory filing that shows the stake. Until then, 122.8 million Class A shares remain a number without a source attached to it.
