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Alphabet’s Early SpaceX Investment Grows More Than 100-Fold to $94 Billion
InvestorsHub1d agoneutral
Alphabet’s Early SpaceX Investment Grows More Than 100-Fold to $94 Billion

Alphabet (NASDAQ:GOOG) has generated an extraordinary paper return from its early investment in SpaceX (NASDAQ:SPCX), with its disclosed holding valued at approximately $94 billion at the end of June, more than 100 times the $900 million the Google parent invested in Elon Musk’s space company in 2015. Following SpaceX’s $86 billion initial public offering in June, Alphabet has emerged as the company’s largest individual institutional shareholder by a wide margin, according to a Reuters analysis

Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion
Reuters1d agoneutral
Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion

Alphabet's early bet on SpaceX has multiplied more than 100-fold, with the Google parent disclosing a stake worth about $94 billion at the end of June compared with the $900 million investment it said ‌it made in Elon Musk's rocket company in 2015. Alphabet has emerged as by far the largest single institutional holder of SpaceX ‌following its $86 billion IPO in June, according to a Reuters analysis of quarterly filings made public so far. The filings shed new light on the scale of positions acquired by ​SpaceX's backers as the company transitioned from a closely held startup to a publicly traded giant.

Elon Musk's SpaceX Stake Worth $906.9 Billion As Filing Reveals 48.4% Ownership, But He Says 'Bunch of It' Vests Only On 'Crazy Good Outcomes'
Benzinga1d agoneutral
Elon Musk's SpaceX Stake Worth $906.9 Billion As Filing Reveals 48.4% Ownership, But He Says 'Bunch of It' Vests Only On 'Crazy Good Outcomes'

Elon Musk’s stake in Space Exploration Technologies Corp (NASDAQ:SPCX) is valued at nearly $906.9 billion based on the company’s latest share price. Elon Musk Holds 48.4% of SpaceX Musk held a 48.4% stake in SpaceX as of June 30, according to a regulatory filing on Thursday, giving him sole voting and dispositive power over 6.42 billion shares. However, Musk pushed back on X, pointing out that some of the shares included in the calculation are subject to vesting conditions. "A bunch of it only v

SpaceX’s Most Loyal Buyers Blinked
Insider Monkey2d agobullish
SpaceX’s Most Loyal Buyers Blinked

Retail investors were steadfast for nearly eight weeks after Space Exploration Technologies Corp (NASDAQ:SPCX) went public. Despite a 67% post-IPO rise, a sharp return to earth, and a stock that spent weeks trading below its debut price, mom-and-pop traders continued to buy. On August 7, that streak was finally broken. Profit-Taking at Debut Baseline According […]

Musk's Grok 4.6 Jumps to AI Frontier, Matches OpenAI at a Fraction of the Price
Benzinga Prediction Markets2d agobullish
Musk's Grok 4.6 Jumps to AI Frontier, Matches OpenAI at a Fraction of the Price

Grok 4.6, released Wednesday by Elon Musk’s SpaceX (NASDAQ:SPCX), scored 61 on the Artificial Analysis Intelligence Index, which matches OpenAI’s GPT-5.6 Sol Max and trails only Anthropic’s leading models, according to independent benchmarking firm Artificial Analysis. Grok charges $2 per...