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Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

331 points by 1vuio0pswjnm7

by miohtama

4 subcomments

This investment has never been secret.
Google (now under parent company Alphabet) invested roughly $900 million as the majority of a ~$1 billion funding round alongside Fidelity Investments. This gave Google an initial equity stake of about 7–7.5% in SpaceX at a valuation of roughly $10–12 billion.

by wenbin

2 subcomments

Alphabet is the modern day berkshire hathaway.
Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B)
The track record of google’s M&A is pretty good.
Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.

by throwaw12

7 subcomments

100x return, I would sell immediately after this kind of gain, maybe that's why I am not a Google

by grim_io

1 subcomments

6% is more than all of the issued IPO shares. They were 5%, right?

by SwellJoe

1 subcomments

It seems obvious that the deal Google signed to rent compute from xAI just before the IPO was specifically to goose the IPO, giving xAI nice looking growth. They could have paid a lot more for that deal and still made it all back on the IPO. I don't believe for a second Google needs the compute. They've got their own AI inference hardware, the biggest data centers in the world, and they don't make any of the most popular AI products. They're not desperate for compute.

by fco356pal

0 subcomment

One of the best corporate investments in recent history. >100x returns in 10 years

by nonethewiser

3 subcomments

Maybe hacker news is wrong and SpaceX is actually valuable.

by kristianp

0 subcomment

Google also has around a 14% stake in Anthropic (as at 2025 [1]) and they participated in the "G" funding round [2]. Amazon has a significant stake in them too.
[1] https://www.nytimes.com/2025/03/11/technology/google-investm... , https://archive.md/f0BxC
[2] https://www.anthropic.com/news/anthropic-raises-30-billion-s...

by sportsracersss

0 subcomment

Makes you wonder about whether Google's deal to lease SpaceX's compute is about Google doing what's best for Google, or about shoring up SpaceX's very bad bottom line.
https://www.cnbc.com/2026/06/05/google-to-pay-spacex-920-mil...

by m101

0 subcomment

Given how much ai spending Google need to do, and that the are selling equity for the first time in a long time to do it, no doubt spacex shares are going to be dumped out they moment they can.

by bombcar

0 subcomment

What’s that in data centers?

by rubyfan

1 subcomments

Didn’t they just raise $85B “for AI”?

by throwatdem12311

0 subcomment

Can’t wait for SpaceX to go even lower.

by ur-whale

0 subcomment

https://archive.ph/kQtHB

by outside1234

2 subcomments

Hopefully they made this investment pre-IPO at some vastly lower valuation because otherwise… …this is a not going to end well for them.

0 subcomment

by simianwords

0 subcomment

Why is this not seen as a circular deal? But other oracle debt is said to be circular

by jdsfijfdsifs

0 subcomment

[dead]

by OhNoNotAgain_99

0 subcomment

[dead]

by dfasifsaf

0 subcomment

[flagged]

by the__alchemist

9 subcomments

I am short both Google and SpaceX RN; SpaceX's IPO smells foul. Google is an AI-bubble short; Anthropic and OpenAI haven't IPOed yet.

by lorreyfum

3 subcomments

Everybody here an expert, but no trillionaires, billionaires, and I’m guessing millionaires

by teddyX

0 subcomment

Bad decisions like this explain a lot

0 subcomment

by alfiedotwtf

5 subcomments

FIFY: Google discloses $94B loss