Alphabet NasdaqGS:GOOGL holds a multi billion dollar stake in SpaceX. SpaceX is reportedly preparing for a record setting IPO targeted for 2026. Potential IPO valuation is cited at up to US$2t, implying Alphabet’s interest could be worth well over US$100b. The stake ties Alphabet to SpaceX’s Starlink business and creates touchpoints with Google Cloud. Alphabet is best known for Google Search, YouTube, Android, and Google Cloud, but the company also maintains a portfolio of equity...

← Back to News