Alphabet holds roughly $94B in SpaceX shares after the historic $75B IPO, with $80B locked up and a $920M monthly GPU deal deepening ties.

A $99 billion markup on stakes in Anthropic and SpaceX delivered more than two-thirds of Alphabet's stunning $112 billion profit.

Alphabet's Google says its SpaceX stake is now worth $94.1bn after the IPO, most of it locked up. Its investments gained nearly $100bn in Q2.

Alphabet holds roughly $94B in SpaceX shares after the historic $75B IPO, with $80B locked up and a $920M monthly GPU deal deepening ties.

Alphabet's $900M investment in SpaceX from 2015 is now worth $94.1B after SpaceX's IPO at a $1.77 trillion valuation, driving $99B in Q2 2026

“Our AI investments are redefining what’s possible across every part of our business,” said CEO Sundar Pichai in a statement.