đ One of the greatest tech bets ever made
In 2015, Google invested about $900 million in SpaceX. Eleven years later, Alphabetâs disclosed stake was worth approximately $94.2 billion at the end of June â a return of more than 100x. (Reuters)
Alphabet held 551.2 million SpaceX shares, making it by far the companyâs largest reported institutional shareholder after SpaceXâs June IPO. (Reuters)
It is a striking reminder of what can happen when long-term capital meets a company capable of transforming an entire industry. From a risky space venture to one of the most valuable investments in Silicon Valley history. đđ
$GOOGLB $SPCXB
In 2015, Google invested about $900 million in SpaceX. Eleven years later, Alphabetâs disclosed stake was worth approximately $94.2 billion at the end of June â a return of more than 100x. (Reuters)
Alphabet held 551.2 million SpaceX shares, making it by far the companyâs largest reported institutional shareholder after SpaceXâs June IPO. (Reuters)
It is a striking reminder of what can happen when long-term capital meets a company capable of transforming an entire industry. From a risky space venture to one of the most valuable investments in Silicon Valley history. đđ
$GOOGLB $SPCXB