On its first day of trading June 12, SpaceX's stock rose 19% to close at $160.95. "Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake -- Update," at 11:19 a.m. ET on July 23, incorrectly said SpaceX's stock rose to $135 on its first day of trading.

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.