AMD reports 3.3 million Class A share stake in SpaceX

AMD has disclosed ownership of 3.3 million Class A shares in SpaceX through an SEC filing, pulling back the curtain on yet another major institutional stake in Elon Musk’s rocket company. The filing follows SpaceX’s June 2026 initial public offering, which priced 555.6 million Class A shares at $135 each and raised roughly $75 billion. The SpaceX ownership picture comes into focus SpaceX’s IPO on June 12, 2026, triggered a cascade of mandatory disclosures. When a previously private company goes public, institutional investors who held pre-IPO stakes are required to report those holdings in quarterly 13F filings with the SEC. AMD’s 3.3 million shares, valued at roughly $445.5 million based on the $135 IPO price, represent a meaningful but relatively modest slice of SpaceX’s total offering. The filing doesn’t disclose when AMD acquired the shares or at what price, so the actual cost basis could be significantly lower than the IPO valuation. For context, consider what Alphabet reported. Google’s parent company disclosed ownership of more than 551 million SPCX shares, valued at approximately $94 billion as of June 30, 2026. The Nvidia shadow over AMD’s SpaceX bet On August 4, 2026, AMD...