alt Hacker NewsGoogle Discloses $94.1B in SpaceX Stock, Marking 6% Stake
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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.
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...
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...
100x return, I would sell immediately after this kind of gain, maybe that's why I am not a Google
6% is more than all of the issued IPO shares. They were 5%, right?
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.
One of the best corporate investments in recent history. >100x returns in 10 years
Maybe hacker news is wrong and SpaceX is actually valuable.
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.
What’s that in data centers?
Can’t wait for SpaceX to go even lower.
Hopefully they made this investment pre-IPO at some vastly lower valuation because otherwise… …this is a not going to end well for them.
Everybody here an expert, but no trillionaires, billionaires, and I’m guessing millionaires
Why is this not seen as a circular deal? But other oracle debt is said to be circular
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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.
Bad decisions like this explain a lot
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.