Finance2 min reading time
Google reveals it holds $94.1bn in SpaceX shares after the IPO
The Next Web
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Alphabet disclosed that its Google unit holds $94.1 billion in SpaceX shares following SpaceX's IPO, with most shares subject to sale restrictions. This significant stake has contributed to Alphabet's investment gains amid its large capital spending on AI. SpaceX's upcoming Starship flight test could impact the perceived value of these holdings.
