Business · 2h ago
Google Reveals $94.1B SpaceX Stake, 6% Ownership
Google disclosed a $94.1 billion stake in SpaceX, representing a 6% ownership, in a regulatory filing. The investment, made in 2015, has grown significantly as SpaceX's valuation soared. The disclosure highlights Google's strategic bet on space-based internet and satellite technology.
Meridian48 take
The massive valuation underscores SpaceX's dominance in space tech, but Google's passive stake raises questions about deeper collaboration or future antitrust scrutiny.
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