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Alphabet’s $1 billion SpaceX gamble balloons into a $94 billion stake

Covered by 3 sources · 3 articles

3 outlets - including Tronweekly, Yahoo and Crypto - are covering this story. Alphabet Inc. has placed SpaceX Stock firmly in the spotlight after disclosing a $94.1 billion investment in SpaceX in its latest quarterly filing. The total value was assessed as of June 30 and had a considerable contribution to Alphabet’s…

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SpaceX Stock Surges Into Focus as Alphabet Reveals $94.1 Billion Investment
TronWeekly Jul 24, 09:06 UTC

SpaceX Stock Surges Into Focus as Alphabet Reveals $94.1 Billion Investment

Alphabet Inc. has placed SpaceX Stock firmly in the spotlight after disclosing a $94.1 billion investment in SpaceX in its latest quarterly filing. The total value was assessed as of June 30 and had a considerable contribution to Alphabet’s…

Yahoo Finance News Jul 24, 03:26 UTC

Alphabet Just Revealed a $94 Billion Stake in SpaceX -- and It Can't Sell a Single Share Yet

Alphabet’s $1 billion SpaceX gamble balloons into a $94 billion stake
Crypto.news Jul 23, 16:11 UTC

Alphabet’s $1 billion SpaceX gamble balloons into a $94 billion stake

Alphabet has disclosed a $94.1 billion stake in Elon Musk’s SpaceX more than a decade after Google joined a $1 billion funding round for the rocket company. Alphabet’s second-quarter 10-Q filing showed that the Google parent owns roughly 6%…