{"id":66565,"date":"2026-08-15T01:08:13","date_gmt":"2026-08-15T05:08:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/"},"modified":"2026-08-15T01:08:13","modified_gmt":"2026-08-15T05:08:13","slug":"nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/","title":{"rendered":"Nvidia Discloses $21 Billion SpaceX Stake Amid Global Trade and Geopolitical Tensions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/#Nvidias_Strategic_Bet_on_SpaceX_and_AI_Infrastructure\" >Nvidia\u2019s Strategic Bet on SpaceX and AI Infrastructure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/#UK_Credit_Stability_and_Fiscal_Outlook\" >UK Credit Stability and Fiscal Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/#Geopolitical_Friction_in_the_Strait_of_Hormuz\" >Geopolitical Friction in the Strait of Hormuz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/#Stalled_Canada-US_Trade_Negotiations\" >Stalled Canada-U.S. Trade Negotiations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-discloses-21-billion-spacex-stake-amid-global-trade-and-geopolitical-tensions\/66565\/#Brazils_Market_Interventions_and_Petrobras_Subsidies\" >Brazil\u2019s Market Interventions and Petrobras Subsidies<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> disclosed a massive <strong>$21 billion<\/strong> stake in <strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>)<\/strong>, making the rocket firm its second-largest holding after Intel (<a href=\"\/stock\/INTC\">INTC<\/a>).<\/li>\n<li><strong>Fitch Ratings<\/strong> reaffirmed the <strong>United Kingdom\u2019s<\/strong> credit rating at <strong>&#39;AA-&#39;<\/strong> with a stable outlook, citing a credible macroeconomic framework despite energy import pressures.<\/li>\n<li><strong>Iran<\/strong> rejected U.S. threats regarding the <strong>Strait of Hormuz<\/strong>, with Deputy Foreign Minister Kazem Gharibabadi asserting that Tehran will not be intimidated by a &quot;show of force.&quot;<\/li>\n<li><strong>Canada-U.S. trade talks<\/strong> remain deadlocked just days before a <strong>50% tariff deadline<\/strong> on August 19, with nearly <strong>$20 billion<\/strong> in imports at risk.<\/li>\n<li><strong>Petrobras (<a href=\"\/stock\/PBR\">PBR<\/a>)<\/strong> received <strong>6.9 billion reais<\/strong> ($1.27 billion) from Brazil\u2019s fuel subsidy program to offset diesel price stabilization efforts.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Nvidias_Strategic_Bet_on_SpaceX_and_AI_Infrastructure\"><\/span>Nvidia\u2019s Strategic Bet on SpaceX and AI Infrastructure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a significant SEC filing on August 15, 2026, <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> revealed it holds <strong>122.8 million Class A shares<\/strong> of <strong>SpaceX (<a href=\"\/stock\/SPCX\">SPCX<\/a>)<\/strong>. The stake, valued at approximately <strong>$21 billion<\/strong> at the end of the second quarter, originated from a <strong>$10 billion<\/strong> investment in Elon Musk\u2019s <strong>xAI<\/strong>, which was subsequently acquired by SpaceX in February.<\/p>\n<p>This investment cements a deep technical partnership, as <strong>SpaceX<\/strong> has committed to using <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a>\u2019s latest <strong>Vera Rubin architecture<\/strong> for its massive data center expansion. The aerospace giant aims to reach <strong>10 gigawatts<\/strong> of computing capacity by 2027 to support its AI and Starlink operations. While the stake\u2019s value has fluctuated to roughly <strong>$17.2 billion<\/strong> following SpaceX\u2019s record-breaking June IPO, <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> remains the sixth-largest investor in the company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"UK_Credit_Stability_and_Fiscal_Outlook\"><\/span>UK Credit Stability and Fiscal Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Fitch Ratings<\/strong> has maintained the <strong>United Kingdom\u2019s<\/strong> sovereign credit rating at <strong>&#39;AA-&#39;<\/strong> with a <strong>stable outlook<\/strong>. The agency noted that the UK economy grew by <strong>0.3% in June<\/strong>, benefiting from a temporary respite in energy prices. Fitch highlighted that Prime Minister <strong>Andy Burnham\u2019s<\/strong> strong approval ratings and commanding position in the Labour Party provide a foundation for political stability.<\/p>\n<p>However, the agency warned of a <strong>moderate widening<\/strong> in the current account deficit due to higher energy imports. Despite these pressures, Fitch sees no significant change in the UK\u2019s fiscal policy, expecting the government to maintain its credible macroeconomic framework while inflation is projected to rise to <strong>3.7%<\/strong> by year-end before cooling.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Friction_in_the_Strait_of_Hormuz\"><\/span>Geopolitical Friction in the Strait of Hormuz<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tensions in the Middle East escalated as <strong>Iran<\/strong> responded defiantly to U.S. statements regarding the <strong>Strait of Hormuz<\/strong>. Deputy Foreign Minister <strong>Kazem Gharibabadi<\/strong> stated that the strategic waterway &quot;cannot be seized by a tweet&quot; and will only be opened or closed under Iranian authority.<\/p>\n<p>The comments follow assertions from Washington regarding a &quot;show of force&quot; and potential control over the waterway, which handles approximately <strong>20% of the world&#39;s seaborne oil<\/strong>. The standoff continues to impact global energy markets, with <strong>crude <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">oil prices<\/a><\/strong> remaining sensitive to any potential disruptions in the region.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stalled_Canada-US_Trade_Negotiations\"><\/span>Stalled Canada-U.S. Trade Negotiations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Trade relations between <strong>Canada<\/strong> and the <strong>United States<\/strong> are under intense pressure as an <strong>August 19 deadline<\/strong> approaches. The U.S. has threatened to impose <strong>50% tariffs<\/strong> on roughly <strong>$20 billion<\/strong> of Canadian imports, including sectors like steel, aluminum, and autos.<\/p>\n<p>While Canadian officials describe recent meetings as &quot;collaborative,&quot; sources indicate the two sides remain far from a comprehensive agreement. Canada is reportedly considering concessions on <strong>dairy and alcohol regulations<\/strong> to avert the levies, which could significantly disrupt North American supply chains and the <strong>CUSMA<\/strong> trade framework.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Brazils_Market_Interventions_and_Petrobras_Subsidies\"><\/span>Brazil\u2019s Market Interventions and Petrobras Subsidies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Central Bank of Brazil<\/strong> announced it will conduct <strong>dollar auctions with repurchase agreements<\/strong> on August 17 to provide liquidity and stabilize the Brazilian real. This move comes as the currency faces volatility amid shifting global interest rate expectations and domestic fiscal concerns.<\/p>\n<p>Simultaneously, state-run oil major <strong>Petrobras (<a href=\"\/stock\/PBR\">PBR<\/a>)<\/strong> confirmed the receipt of <strong>6.9 billion reais<\/strong> from the federal government&#39;s fuel subsidy program. These funds are designed to compensate the company for maintaining lower diesel prices at the pump, a move intended to curb domestic inflation despite high international crude prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nvidia (NVDA) disclosed a massive $21 billion stake in SpaceX (SPCX), making the rocket firm its second-largest holding [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4824,5024,5822,5825,8002,19104],"class_list":["post-66565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-geopolitics","tag-trade","tag-nvidia-nvda-stock-nvda","tag-petrobras-pbr-stock-pbr","tag-united-kingdom","tag-spacex-spcx-stock-spcx"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=66565"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=66565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=66565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=66565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}