Nvidia discloses $21 billion stake in SpaceX; SpaceX completes $60 billion acquisition of Cursor

Nvidia has revealed a nearly $21 billion stake in SpaceX, holding approximately 123 million shares as of the end of June, according to an SEC filing on Friday. This disclosure highlights Nvidia's extensive financial ties within the AI industry. Additionally, SpaceX completed a $60 billion acquisition of the code-editing startup Cursor this week.