Key facts
- Alphabet holds an estimated 6-7.5% stake in SpaceX, valued at over $60 billion.
- SpaceX merged with Elon Musk's xAI in February 2026, valued at $1.25 trillion.
- A June 2026 IPO is reportedly being prepared with a $1.75 trillion valuation.
- Elon Musk holds approximately 42-43% of SpaceX's equity with 78-79% voting power.
- Fidelity Investments holds about $2.7 billion in SpaceX shares as of early 2025.
Alphabet, the parent company of Google, holds an estimated stake in SpaceX valued at over $60 billion, representing approximately 6-7.5% of the aerospace company's equity. This significant holding stems from a 2015 investment and is considered a substantial "hidden asset" for Alphabet.
SpaceX is reportedly preparing for a confidential SEC filing for an initial public offering (IPO) that could occur in June 2026 with a valuation of $1.75 trillion. This potential offering follows the company's merger with Elon Musk's AI startup xAI in February 2026, a combination valued at $1.25 trillion. If the IPO proceeds as planned, it would surpass Saudi Aramco's debut as the largest in history.
Elon Musk maintains control over SpaceX, holding approximately 42-43% of the company's equity but wielding roughly 78-79% of the voting power through a dual-class share structure. Other notable institutional investors include Fidelity Investments, whose Contrafund held about $2.7 billion in SpaceX shares as of early 2025, and Peter Thiel's Founders Fund, an early investor with an estimated 1.5-3% stake.
Recent significant shareholders include EchoStar, which became a major holder after receiving up to $8.5 billion in SpaceX Class A common stock as partial payment for a spectrum acquisition. Middle Eastern sovereign wealth funds, such as Saudi Arabia's Public Investment Fund and Abu Dhabi Investment Authority, also participated in 2023 financing rounds. The company's valuation has seen dramatic growth, increasing from an estimated $137 billion in January 2023 to $1.25 trillion post-merger.