Aug 14 : 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 inst

The rockets-to-AI company went public on June 12 after a record-setting IPO thatraised $85.7 billion and vaulted the company's market cap past $2 trillion. However, its…

Aug 14 : 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…

Alphabet's initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the largest institutional shareholder in the…