Google is up $94 Billion on Spacex but Not for the Reason You Think

Google just revealed it holds about $94 billion of SpaceX stock. The win came from one bet it made back in 2015 That sounds like a giant new investment, but it is not. Google made this bet more than ten years ago, long before SpaceX got big. How Google's SpaceX Bet

Google just revealed it holds about $94 billion of SpaceX stock.

The win came from one bet it made back in 2015

That sounds like a giant new investment, but it is not. Google made this bet more than ten years ago, long before SpaceX got big. How Google’s SpaceX Bet Started in 2015 In January 2015, Google and Fidelity put $1 billion into SpaceX.

Together they got just under 10% of the company. That valued SpaceX at more than $10 billion. Google led the round.

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