Alphabet Receives Billion-Dollar 'Windfall' from SpaceX Investment

BlockBeats News, April 16th, according to Bloomberg, a recent disclosure revealed that Google's parent company Alphabet's early investment in SpaceX could bring a return of hundreds of billion dollars.

According to a disclosure filed by SpaceX this week in Alaska, by the end of 2025, Google holds a 6.11% stake in the company. If SpaceX achieves a valuation of $2 trillion or higher through an IPO, this stake would be worth $122.0 billion. However, after SpaceX's merger with xAI in February this year, Google's stake has been diluted, and it is estimated that its current stake is around 5%, valued at approximately $100.0 billion based on a $2 trillion valuation.

In this disclosure, only Google and Musk (holding about 40%) need to disclose their holdings, but several other individuals and institutions are also expected to receive billions of dollars in gains from the listing. Google first invested in SpaceX in 2015, participating in a $1 billion financing round with Fidelity Investments, collectively receiving about 10% of the shares.