๐ GOOGLE'S $900M BET JUST TURNED INTO $74.5 BILLION! ๐คฏ
Alphabet's SpaceX investment is looking absolutely INSANE.
๐ฐ 2015 investment: $900M
๐ Stake value: $74.5B
๐ฅ Return: ~83x
๐ Q3 addition: Nearly 4M shares
๐ฆ Total holdings: 555M shares
Here's the crazy part: Google doesn't need to own SpaceX to benefit from its explosive valuation.
Every $10 move in $SPCXB reportedly shifts Google's stake by roughly $5.6B.
๐ Is this one of the greatest corporate investments everโor is SpaceX's valuation getting too ambitious?
#Google #SpaceX #GOOGL #Investing #Stocks
Alphabet's SpaceX investment is looking absolutely INSANE.
๐ฐ 2015 investment: $900M
๐ Stake value: $74.5B
๐ฅ Return: ~83x
๐ Q3 addition: Nearly 4M shares
๐ฆ Total holdings: 555M shares
Here's the crazy part: Google doesn't need to own SpaceX to benefit from its explosive valuation.
Every $10 move in $SPCXB reportedly shifts Google's stake by roughly $5.6B.
๐ Is this one of the greatest corporate investments everโor is SpaceX's valuation getting too ambitious?
#Google #SpaceX #GOOGL #Investing #Stocks

