AMD has disclosed ownership of 3.3 million Class A shares in SpaceX, a stake worth approximately $445.5 million at the $135 IPO price. The investment was revealed in a regulatory filing with the SEC following SpaceX’s June 2026 IPO that raised approximately $75 billion. Alphabet, Google’s parent company, has separately reported holding more than 551 million SpaceX shares worth approximately $94 billion as of June 30, 2026. AMD’s stake comes amid a challenging backdrop: AMD’s stock dropped more than 8% on August 4, 2026, after Elon Musk publicly expressed a preference for Nvidia chips. The filing does not disclose when AMD acquired the shares or at what price, meaning the actual cost basis could be significantly lower than the IPO valuation.
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