Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion
Alphabet's investment in SpaceX has surged to approximately $94 billion, up from $900 million in 2015. This makes Alphabet the largest institutional holder of SpaceX shares, with 551.2 million shares valued at $170.86 each as of June 30. The substantial growth reflects the dramatic increase in SpaceX's value since its IPO in June.