Alphabet's $900 million investment in SpaceX has grown to about $94 billion, while Nvidia disclosed a nearly $21 billion stake. SpaceX's AI revenue surged 247% in Q2, driven by cloud deals with Alphabet and Anthropic. Musk plans to use Nvidia's AI systems in space and on Earth, positioning SpaceX as a major AI infrastructure player.
Alphabet's SpaceX stake soars to $94B; Nvidia holds $21B
Source: Mint