Here are Big Tech's Big SpaceX Investors

Dow Jones

Aug 18

SpaceX shares are getting a lift after some of tech's top names identified themselves as big investors in Elon Musk's rocket-and-AI company.

Among them: artificial-intelligence chipmaker Nvidia, which said in a Friday filing it owned close to 123 million SpaceX shares. SpaceX is pouring money into its AI business and this month said it agreed to use Nvidia chips exclusively.

A raft of other recent securities filings have revealed other major SpaceX holders:

-- Alphabet's Google held a 7.2% stake, based on an investment it made more than a decade ago;

-- Antonio Gracias' entities held a 6.5% stake. Gracias is a longtime investor and close Musk associate who currently sits on SpaceX's board;

-- Peter Thiel, an investor and co-founder at venture firm Founders Fund, had a 5.5% stake in the company;

-- Musk himself controlled a 48.4% ownership stake, a filing showed.

SpaceX shares were up about 6.4% in midday trading. Nvidia's stock rose about 1%.

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