Google discloses holding $94.1 billion worth of SpaceX stock
Alphabet, Google's parent company, disclosed that it holds shares of SpaceX valued at $94.1 billion, which contributed to the majority of the company's unrealized gains in marketable securities for the second quarter. Among these, $80 billion worth of shares are not available for sale in the short term, and $14.1 billion worth of shares are locked up until the third quarter of 2027. SpaceX is set to go public in June 2026, with a closing price of $118.24 on Thursday, below the IPO issue price of $135
SpaceX's stock closed at $118.24 on Thursday, down from the IPO issuance price of $135.
Google's parent company Alphabet disclosed on Thursday that it holds SpaceX shares valued at $94.1 billion, which contributed the majority of the company's unrealized gains of $99 billion in marketable securities for the second quarter.
According to the quarterly financial report, the tech giant's trading equity securities are divided into two parts: $80 billion worth of SpaceX shares that cannot be sold in the short term; and another $14.1 billion worth of shares that will be locked up until the third quarter of 2027. SpaceX went public on NASDAQ on June 12, 2026, under the ticker symbol SPCX, with this IPO setting restrictions that prevent founders, employees, and early private investors from immediately selling their shares after the listing.
SpaceX's stock closed at $118.24 on Thursday, below the initial public offering price of $135.
Google was an early investor in SpaceX, injecting $900 million into the aerospace company in 2015, when SpaceX's overall valuation was around $10 billion, resulting in a substantial return on investment. Since then, Starlink has completed the launch of over 5,000 low Earth orbit satellites, becoming the core revenue pillar for SpaceX, supporting the majority of the company's current operating income
