Google’s SpaceX Stake Now Worth $100B as IPO Looms, Backs $35B Anthropic Deal
Google's 6.11% SpaceX stake is now valued at ~$87B-$100B in the $1.75T IPO, unlocking monetization of its $900M bet alongside a $920M monthly AI compute deal. The company will backstop up to $35B in Anthropic data-center financing, cementing its AI hardware role while raising credit and regulatory scrutiny.
1. SpaceX IPO Unlocks $100B Stake Value
Google holds roughly 6.11% of SpaceX, initially purchased for about $900 million in 2015. At the fixed $135 per share IPO valuation, this position is worth between $87 billion and $100 billion, giving Alphabet a clear path to convert its paper gains into cash or public equity.
2. $920M Monthly Compute Contract with SpaceX
Google agreed to pay SpaceX $920 million each month for AI computing power through June 2029, bolstering SpaceX revenue and guaranteeing Google access to high-performance infrastructure as it scales its AI services.
3. Backstop of $35B Anthropic Data-Center Financing
Alphabet will backstop up to $35 billion in lease payments for five U.S. Anthropic data centers, working alongside Broadcom, Apollo and Blackstone. This deal secures Google tensor processing unit demand but invites closer credit and regulatory oversight of its role in AI infrastructure financing.
