Google Discloses $94.1B SpaceX Stake, Marking 6% Ownership
Original: Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
Why This Matters
Signals massive private-market valuation growth for SpaceX and deepens big-tech investment in aerospace.
Google has disclosed a $94.1 billion position in SpaceX, representing approximately a 6% stake in Elon Musk's private space company, according to a Wall Street Journal report. The disclosure highlights the scale of Google's investment in one of the world's most valuable private firms.
Google has publicly disclosed holdings of $94.1 billion in SpaceX stock, equating to roughly a 6% ownership stake in the private aerospace and satellite company founded by Elon Musk. The disclosure, reported by the Wall Street Journal, underscores the enormous valuation SpaceX has reached as a private entity. Google's investment in SpaceX dates back to a 2015 funding round, in which Google and Fidelity jointly invested approximately $1 billion for a combined stake. The current disclosed valuation of $94.1 billion reflects SpaceX's dramatic growth in value over the intervening decade, driven by its Starlink satellite internet business and continued dominance in commercial launch services. The disclosure is notable because SpaceX remains privately held, making such valuations rare and significant when they do surface publicly.