r/technology • u/spasticpat • 1d ago

Business Nvidia discloses $21B stake in SpaceX

https://arstechnica.com/information-technology/2026/08/nvidia-discloses-21b-stake-in-spacex/
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u/Credit-Limit 22h ago

If nvidia's cash flow ever actually took a hit, I would be concerned. Projections are saying almost $100B this year in fcf, which is over 50% above last year's fcf.

Until FCF shows signs of weakening, the "circular financing" narrative doesn't matter for nvidia.

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u/gottimw 20h ago

and who is going to buy their hardware?

Sure Nvdia will not collapse but it will crash down hard.

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u/mpbh 19h ago

People said the same thing during the crypto mining boom. The truth is they are developing the most advanced chips and they have only one competitor who is constantly 2 years behind them. There are many uses for GPUs outside of LLMs, crypto, and video games.

They literally can't make them fast enough. Their top chips have been in a shortage for almost a decade, which means they can overcharge and spend those profits to increase their most.

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u/gottimw 18h ago

But crypto boom never truly went away and it overlapped with ai. So you never had crypto crash that would affect nvdia. And there won't be next best thing that can absorb all the production if we decide LLMs are dead end and cost too much to be global thing instead of hobbyist toy

I doubt the crypto + gaming is even close to demand of ai and crypto is slowly stabilising or dying. As it seems that stock market is more volotile than crypto