Alphabet’s SpaceX Investment Skyrockets to $94B Post-IPO

Alphabet’s initial investment of $900 million in SpaceX in 2015 has dramatically increased, with its stake now valued at approximately $94 billion by the end of June 2026. This significant growth positions Alphabet as the largest single institutional holder of SpaceX, following the rocket firm’s substantial $86 billion initial public offering.

The transition from a private startup to a publicly traded entity in June has revealed the scale of positions acquired by SpaceX’s early investors. SpaceX officially went public on June 12, with shares priced at $135 per share, marking a pivotal moment for the company.

Key Institutional Backers

Beyond Alphabet, other prominent investors have also disclosed their significant holdings in Elon Musk’s venture. These early backers have seen immense returns on their investments as the company’s valuation soared.

• Fidelity Investments
• Saudi Arabia’s Public Investment Fund
• Hancock Prospecting

Musk’s Retained Control

Despite the entry of major institutional players, Elon Musk maintains a substantial ownership stake. He retains 48.4% of the company, underscoring his continued influence over SpaceX’s trajectory.

While SpaceX shares have experienced some market fluctuations since their debut, the overall performance demonstrates the immense value generated for its initial supporters. The filings offer a clear picture of the significant wealth creation for those who invested early.