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29 Google Says It Holds $94.1 Billion in SpaceX Stock

The Information
Alix Coutures @ The Information 3 place · today 17:50 EDT

Alphabet’s Google disclosed Thursday it owns $94.1 billion in SpaceX shares, representing the bulk of a $99 billion in unrealized gains in marketable securities in the second quarter. The tech giant’s marketable equity securities include $80 billion in SpaceX shares it can’t sell in the ...

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Shares of SpaceX fell around 4% on Friday morning, extending recent declines, after the company scrubbed a planned Starship test launch in Texas on Thursday evening. “Some of the engines didn’t start, triggering an automatic launch abort,” Elon Musk said in a post on X. “To be confident of a ... Read more

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