Could Alphabet Be the Best Way to Buy SpaceX and Anthropic Before Their IPOs?

Alphabet offers indirect exposure to SpaceX and Anthropic before their IPOs through significant stakes in both companies. Alphabet holds approximately 6% of SpaceX (valued at $1.77 trillion) and 14% of Anthropic (valued at $965 billion). The article suggests Alphabet is a lower-volatility way to gain exposure to these innovative companies while benefiting from Alphabet's strong financial performance, though risks include antitrust issues and shareholder dilution from $80 billion in planned AI investments.