Alphabet's SpaceX Bet Rockets to a $94B Value in a Decade

1 min read
Source: Yahoo Finance
Alphabet's SpaceX Bet Rockets to a $94B Value in a Decade
Photo: Yahoo Finance
TL;DR Summary

Alphabet’s stake in SpaceX is valued at about $94 billion as of June 30, 2026, more than 100x its $900 million investment in 2015, making it SpaceX’s largest single institutional holder after the June 2026 IPO. The piece notes broad institutional backing from firms like Fidelity and the Saudi PIF, while warning that SpaceX’s public trading could introduce volatility into Alphabet’s earnings. Ownership is highly concentrated among a few wealthy investors, meaning large trims by any one holder could sway SpaceX’s stock and Alphabet’s reported results.

Share this article

Reading Insights

Total Reads

1

Unique Readers

6

Time Saved

19 min

vs 20 min read

Condensed

98%

3,95886 words

Want the full story? Read the original article

Read on Yahoo Finance