Google Discloses $94.1 Billion SpaceX Stake

Alphabet disclosed a $94.1 billion equity stake in SpaceX after the rocket company's IPO. Google invested alongside Fidelity in 2015, yielding roughly a hundredfold return. Approximately $80 billion is under short-term lockup restrictions, with $14.1 billion facing longer-term limits extending into Q3 2027. The position contributed to nearly $100 billion in Q2 investment gains.