ARENDAL, Norway, Aug 11 (Reuters) - Norway's $2.3 trillion

wealth fund, the world's largest, held a 0.05% stake in SpaceX

worth $1.22 billion as of June 30, it said for the

first time on Tuesday, in an updated list of holdings.

The fund's stake in SpaceX is modest when compared against

other tech stocks the fund holds.

It held a 1.28% stake worth $62 billion in Nvidia ( NVDA ),

a 1.24% stake worth $52 billion in Apple ( AAPL ), a 1.17% stake

worth $50 billion in Alphabet, a 1.27% stake worth $35

billion in Microsoft ( MSFT ) and a 1.7% stake worth $34

billion in Taiwan Semiconductor Manufacturing ( TSM ), fund

data showed.

Investing the Norwegian state's revenues from oil and gas

production, the fund owns on average 1.5% of all listed

companies globally, making it the world's largest single

investor.

Overall the fund is invested in some 7,100 companies

globally. It also invests in stocks, property and renewable

projects.

SpaceX shares rallied sharply in the wake of its

record-breaking IPO in late June, followed by a sharp pullback

as investors questioned whether a lofty valuation of 77 times

expected revenue could be justified.

Founder Elon Musk holds over 80% of voting rights and

combines the roles of chair, chief executive officer and chief

technology officer, raising questions about the company's

governance and the rights of independent shareholders such as

the fund.

The Norwegian sovereign wealth fund will hold a press

conference on Wednesday at 0800 GMT to present its half-year

results.