How a $900 million bet on SpaceX turned 100x into $94 billion for Alphabet
Economic Times 1 hr ago·14 Aug 2026, 5:46 pm
Alphabet, the parent company of Google, made a strategic investment in SpaceX roughly a decade ago. This initial stake was valued at around $900 million, but due to the company's rapid growth in the space sector, its worth has surged dramatically. Today, that investment is worth approximately $94 billion, making Alphabet the largest institutional shareholder in Elon Musk's rocket company.
This massive appreciation highlights the power of early investments in high-growth technology sectors. For investors, the move underscores the value of backing innovative companies that are reshaping traditional industries. It also serves as a reminder that long-term holdings in disruptive firms can generate exceptional returns over time.
Moving forward, investors should monitor Alphabet's financial reports to see how these significant equity holdings impact its overall balance sheet. While the stake is valuable, it remains an investment on paper, and its liquidity depends on future market conditions and SpaceX's performance.
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