Alphabet owns $94.1B of SpaceX stock and pays $920M/month for AI computing capacity, with a possible orbital data center partnership.

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

Alphabet's net income surged to $112.1 billion ($9.11 per share), heavily boosted by a $98 billion unrealized equity gain from SpaceX.