{"id":186052,"date":"2025-12-15T16:46:09","date_gmt":"2025-12-15T16:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/186052\/"},"modified":"2025-12-15T16:46:09","modified_gmt":"2025-12-15T16:46:09","slug":"spacex-windfall-could-supercharge-next-earnings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/186052\/","title":{"rendered":"SpaceX Windfall Could Supercharge Next Earnings"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">This article first appeared on <a href=\"https:\/\/www.gurufocus.com\/news\/4068728\/alphabets-secret-800-billion-jackpot-spacex-windfall-could-supercharge-next-earnings?utm_source=yahoo_finance&amp;utm_medium=syndication&amp;utm_campaign=headlines&amp;r=caf6fe0e0db70d936033da5461e60141\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:GuruFocus;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GuruFocus<\/a>.<\/p>\n<p class=\"yf-7hmkaz\">Alphabet Inc. (<a class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/GOOG\" data-ylk=\"slk:NASDAQ:GOOG;elm:context_link;itc:0;sec:content-canvas\" rel=\"nofollow noopener\" target=\"_blank\">NASDAQ:GOOG<\/a>) could be <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-14\/alphabet-poised-for-another-paper-gain-as-spacex-valuation-jumps\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:positioned;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">positioned<\/a> for another meaningful accounting uplift as SpaceX completes a fresh insider tender offer that implies a valuation of about $800 billion. Bloomberg reported the transaction was priced at $421 per share, representing a sharp increase from earlier secondary deals and potentially resetting the carrying value of Alphabet&#8217;s long-standing stake in Elon Musk&#8217;s closely held rocket and satellite company. The tender follows a familiar pattern for investors, where changes in SpaceX&#8217;s private-market valuation have flowed through Alphabet&#8217;s earnings via unrealized gains on non-marketable equity securities.<\/p>\n<p class=\"yf-7hmkaz\">Alphabet has been invested in SpaceX since at least 2015, when Google partnered with Fidelity Investments in a $1 billion funding round that secured a combined stake of roughly 10% at the time. While the company does not disclose individual private holdings in its financial statements, past revaluations have had tangible earnings implications. In April, Alphabet disclosed an $8 billion unrealized gain tied to an investment in a private company, widely understood to be SpaceX, after a tender offer late last year valued the business at about $350 billion, helping lift net income for the March quarter above Wall Street expectations.<\/p>\n<p class=\"yf-7hmkaz\">With the latest tender implying a much higher valuation, investors may be watching Alphabet&#8217;s upcoming earnings closely for signs of a similar accounting benefit. A Google representative declined to comment, citing a policy of not discussing individual private investments, but prior disclosures suggest that shifts in SpaceX&#8217;s valuation can pass through to reported results. If reflected again, the revaluation could quietly add to Alphabet&#8217;s earnings narrative, even as the underlying asset remains firmly private.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) could be positioned for another meaningful accounting uplift as&hellip;\n","protected":false},"author":2,"featured_media":186053,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[36959,350,31817,85,46,141,145,4688],"class_list":{"0":"post-186052","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-alphabet-inc","9":"tag-elon-musk","10":"tag-fidelity-investments","11":"tag-il","12":"tag-israel","13":"tag-science","14":"tag-space","15":"tag-spacex"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/186052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=186052"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/186052\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/186053"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=186052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=186052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=186052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}