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Alphabet’s $1 billion SpaceX gamble balloons into a $94 billion stake
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Alphabet’s $1 billion SpaceX gamble balloons into a $94 billion stake
Alphabet disclosed a $94.1 billion SpaceX stake, equal to roughly 6% of the company.Google first backed SpaceX through a $1 billion funding round with Fidelity in 2015.SpaceX shares remain below their $135 IPO price, trimming Alphabet’s paper gains.
2026-07-23 Source:crypto.news
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