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Alphabet Invested $900 Million Into SpaceX Back in 2015 -- Here's What That Stake Is Worth Now

The Motley Fool·
Alphabet Invested $900 Million Into SpaceX Back in 2015 -- Here's What That Stake Is Worth Now

Alphabet's 2015 investment of $900 million in SpaceX has grown to $94.1 billion as of Q2, representing a 52.6% compound annual growth rate. While SpaceX has ambitious plans to reach $1 trillion in revenue by 2030, the article cautions that the company's current $1.8 trillion valuation already reflects high expectations. The author recommends investing in Alphabet as a safer way to gain SpaceX exposure rather than buying SpaceX stock directly.

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