Alphabet’s 2015 $900M investment in SpaceX has grown to approximately $94B, making it the largest institutional holder.
Alphabet’s $900M investment in SpaceX in 2015 has ballooned to roughly $94B as of late June, reflecting a more than 100-fold increase. The stake positions Alphabet as the largest single institutional shareholder in SpaceX.
The initial bet was part of a broader push by Alphabet into emerging technology sectors. SpaceX’s valuation has surged amid rapid expansion in satellite broadband and space exploration, outpacing early expectations.
No immediate market reaction was disclosed, but the holding underscores Alphabet’s significant exposure to private aerospace growth.