Alphabet’s $900M SpaceX Stake Could Yield $150B at $2T IPO
Alphabet's 2015 $900 million investment for a 7.5% SpaceX stake could be worth $150 billion at a proposed valuation exceeding $2 trillion and rank as the largest IPO ever and sixth-largest public company. Alphabet must decide whether to liquidate its SpaceX shares to fund AI infrastructure development.
1. SpaceX IPO Filing and Valuation
SpaceX filed for an IPO targeting a valuation above $2 trillion, which would represent the largest share offering in history and rank as the sixth-largest publicly traded company globally.
2. Alphabet’s 7.5% Stake and Potential Payout
Alphabet acquired a 7.5% share of SpaceX in 2015 for $900 million, a holding that could deliver approximately $150 billion in proceeds at the proposed valuation.
3. Strategic Options for Funding AI Infrastructure
Alphabet faces a strategic choice to either retain its SpaceX shares for long-term upside or sell part of its stake to generate capital earmarked for expanding AI data centers and computing capabilities.