The SpaceX IPO is coming this week.
Excitement has been building in recent weeks, and investors have been looking for ways to gain exposure to the stock before it even begins trading
But there’s a simple way to do so that doesn’t come with much long-term risk and involves investing in one of the top companies in the world: Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL). Here’s why investing in this tech giant may be a good move if you want to take advantage of the growth opportunities tied to SpaceX. SpaceX and Google are working closely together Putting data centers in space is something that SpaceX plans to help accomplish in the future.
And one of the companies it’s working on in that endeavor is Google, which Alphabet owns. The two companies are reportedly in talks on deepening their relationship on such a project. Meanwhile, Google is already a large customer of SpaceX’s, paying about $920 million per month for compute capacity for artificial intelligence.