Key facts
- Alphabet's SpaceX stake is valued at approximately $94 billion as of June 30.
- The stake represents a more than 100-fold increase from Alphabet's 2015 investment.
- Alphabet holds 551.2 million shares in SpaceX.
- Alphabet is the largest institutional holder of SpaceX stock.
- SpaceX stock has seen a significant surge in value.
Alphabet's stake in SpaceX is now valued at approximately $94 billion, according to disclosures made as of June 30. This valuation marks a substantial return on its initial investment from 2015, representing a surge of more than 100-fold. Alphabet holds a significant portion of the company, with 551.2 million shares. This makes Alphabet the largest institutional holder of SpaceX stock. The substantial increase in value indicates a significant surge in SpaceX's overall stock price. The exact details of Alphabet's initial investment in 2015 were not disclosed, but the current valuation highlights the immense growth and success of SpaceX as a private entity. The aerospace company has been involved in numerous high-profile projects, including the development of its Starship vehicle and the expansion of its Starlink satellite internet service, which likely contribute to its increased valuation.