Alphabet and Nvidia Own More SpaceX Than BlackRock and Vanguard Combined. Here's Why That's About to Change.
Key PointsFor now, institutional ownership of SpaceX is concentrated in early investors rather than ETF operators.
Alphabet and Nvidia possess a larger stake in SpaceX than BlackRock and Vanguard combined, with significant implications on the future ownership landscape. Following their initial public offering (IPO) on June 12, SpaceX has made roughly 5% of its shares available for sale, with a subsequent large release of 911.5 million shares on August 6.
While early investors have the option to sell their shares, they are not obligated to do so. Consequently, investors may wonder about the ownership breakdown of SpaceX. According to the second-quarter 2026 Form 13F filings filed with the Securities and Exchange Commission, Alphabet and Nvidia emerge as the two largest shareholders.
Alphabet, with 551,189,500 shares, holds the second-largest position behind Elon Musk, who founded and serves as CEO of SpaceX. Nvidia follows closely with 122,764,805 shares.
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