🚨 BREAKING: Alphabet’s SpaceX Stake Soars To $94.2 Billion
Alphabet held 551.2 million SpaceX shares worth about $94.2 billion as of June 30, stemming from a $900 million investment in 2015.
SpaceX’s $86 billion IPO in June made the stake visible in 13F filings. Alphabet is now the largest institutional holder, with Gigafund Management, Baillie Gifford and BlackRock also among major holders.
Harvard Management Company disclosed a $2.2 billion SpaceX stake, making it the largest single-stock holding in its $4.3 billion U.S. equity portfolio. The University of California disclosed about $1 billion, while UNC and Washington University also hold stakes.
SpaceX shares have pulled back from their June 30 peak but remain above the $135 IPO price. Retail investors became net sellers for the first time last Friday.
$SPCX
Alphabet held 551.2 million SpaceX shares worth about $94.2 billion as of June 30, stemming from a $900 million investment in 2015.
SpaceX’s $86 billion IPO in June made the stake visible in 13F filings. Alphabet is now the largest institutional holder, with Gigafund Management, Baillie Gifford and BlackRock also among major holders.
Harvard Management Company disclosed a $2.2 billion SpaceX stake, making it the largest single-stock holding in its $4.3 billion U.S. equity portfolio. The University of California disclosed about $1 billion, while UNC and Washington University also hold stakes.
SpaceX shares have pulled back from their June 30 peak but remain above the $135 IPO price. Retail investors became net sellers for the first time last Friday.
$SPCX