Alphabet's SpaceX stake surges to $94 billion from $900 million investment

Alphabet’s early investment in SpaceX has soared to about $94 billion, according to regulatory filings that disclosed the value of its stake at the end of June. The filing shows the Google parent owns roughly 551.2 million SpaceX shares, reflecting a return of more than 100 times on an estimated $900 million investment made in 2015. The news highlights how SpaceX’s blockbuster public listing has turned a long-held private bet into one of Alphabet’s most valuable assets, though most of the shares remain locked up and cannot yet be sold.