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How a $900 million bet on SpaceX turned 100x into $94 billion for Alphabet
Alphabet's initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the largest institutional shareholder in the rocket company. Other early backers like Fidelity Investments and Saudi Arabia's PIF also hold substantial stakes.
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economictimes.indiatimes.com
Elon Musk SpaceX stake: Elon Musk discloses 48.4% stake in SpaceX in regulatory filing - The Economic Times
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…
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channelnewsasia.com
Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion
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…
