Google Reveals $94.1 Billion SpaceX Holding, Emerging as One of the Company’s Largest Shareholders
Alphabet has disclosed that it holds $94.1 billion worth of SpaceX shares, making it one of the largest shareholders in the aerospace and satellite company with an estimated 6% ownership stake. The disclosure appeared in the company’s latest quarterly regulatory filing following SpaceX’s blockbuster public listing, offering investors their first detailed look at the scale of Google’s long-held investment.
According to the filing, approximately $80 billion of Google’s SpaceX shares remain subject to short-term post-IPO lock-up restrictions, while another $14.1 billion worth of shares cannot be sold until at least the third quarter of 2027 under longer-term restrictions. Such lock-up agreements are common after major initial public offerings and are intended to prevent large shareholders from immediately selling their holdings.
Google’s investment traces back to 2015, when Alphabet invested roughly $900 million in SpaceX while the company was still privately held and valued at around $10 billion. Over the past decade, SpaceX’s rapid expansion—driven by its reusable rocket business, Starlink satellite internet network, and growing artificial intelligence infrastructure ambitions—has transformed that early investment into one of the most successful strategic bets in Silicon Valley.
The value of Google’s holding surged after SpaceX’s public debut in June 2026, which Nasdaq described as the largest IPO in history. Shares climbed nearly 19% on their first day of trading, briefly valuing SpaceX at over $2 trillion, before retreating in subsequent weeks. Even after the decline, the company’s market capitalization remains around $1.5 trillion, leaving Google’s stake worth approximately $94.1 billion.
The disclosure also highlights the deepening strategic relationship between the two technology giants. Earlier this year, reports indicated that Google and SpaceX had explored collaboration on orbital data centres, a concept aimed at supporting the growing computing demands of artificial intelligence by placing data-processing infrastructure in space. While the idea remains in its early stages, it reflects the companies’ shared interest in next-generation AI and space technologies.
Beyond the investment’s financial significance, the revelation strengthens Alphabet’s balance sheet by adding a substantial strategic asset to its portfolio. Market analysts will now closely monitor future disclosures regarding the eventual expiration of the lock-up periods, any changes in the valuation of Google’s SpaceX stake, and whether Alphabet chooses to retain the investment as a long-term strategic partnership or gradually monetize part of its holdings in the years ahead.
