Alphabet’s Google disclosed in a quarterly filing on Thursday that it holds $94.1 billion in SpaceX stock, representing a roughly 6% stake in the recently public company.
Of that total, $80 billion in SpaceX stock is subject to short-term restrictions on the ability to sell, and $14.1 billion is subject to long-term restrictions through the third quarter of 2027, according to The Wall Street Journal
Lock-up arrangements of this kind are a standard condition placed on investors who receive shares in connection with a company’s IPO. The filing listed the SpaceX stake among Google’s non-marketable equity securities, which had a carrying value of $124.3 billion as of June 30, 2026, and noted the investments primarily consist of a holding in a private company. The filing also disclosed that $87.9 billion of those non-marketable equity securities were remeasured at fair value during the second quarter.
SpaceX stock recently traded at $112.13, giving the company a market capitalization of roughly $1.52 trillion. Based on that valuation, Google’s stake amounts to approximately 6%. SpaceX debuted on the Nasdaq under the ticker SPCX on June 12, pricing at $135 per share.