{"id":781014,"date":"2026-07-24T02:36:22","date_gmt":"2026-07-24T02:36:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/781014\/"},"modified":"2026-07-24T02:36:22","modified_gmt":"2026-07-24T02:36:22","slug":"google-discloses-94-1-billion-spacex-stake-in-q2-filing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/781014\/","title":{"rendered":"Google discloses $94.1 billion SpaceX stake in Q2 filing"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Alphabet&#8217;s Google <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001652044\/000165204426000071\/goog-20260630.htm\" data-ylk=\"slk:disclosed%20in%20a%20quarterly%20filing;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;disclosed in a quarterly filing&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">disclosed in a quarterly filing<\/a> on Thursday that it holds $94.1 billion in SpaceX stock, representing a roughly 6% stake in the recently public company.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Of that total, $80 billion in SpaceX stock is subject to short-term restrictions on the ability to sell, and $14.1 billion is subject to long-term restrictions through the third quarter of 2027, according to <a href=\"https:\/\/www.wsj.com\/tech\/google-discloses-94-1-billion-in-spacex-stock-marking-6-stake-91655d7c?mod=pls_whats_news_us_business_f\" data-ylk=\"slk:The%20Wall%20Street%20Journal;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;The Wall Street Journal&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">The Wall Street Journal<\/a>. Lock-up arrangements of this kind are a standard condition placed on investors who receive shares in connection with a company&#8217;s IPO.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The filing listed the SpaceX stake among Google&#8217;s non-marketable equity securities, which had a carrying value of $124.3 billion as of June 30, 2026, and noted the investments primarily consist of a holding in a private company. The filing also disclosed that $87.9 billion of those non-marketable equity securities were remeasured at fair value during the second quarter.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX stock recently traded at $112.13, giving the company a market capitalization of roughly $1.52 trillion. Based on that valuation, Google&#8217;s stake amounts to approximately 6%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX debuted on the Nasdaq under the ticker SPCX on June 12, pricing at $135 per share. Shares surged 19% in their debut session, pushing SpaceX&#8217;s market capitalization as high as $2.1 trillion at the peak.On the landmark listings, <a href=\"https:\/\/qz.com\/us-ipo-market-record-251-billion-spacex-alphabet-062926\" data-ylk=\"slk:SpaceX&#039;s%20%2486.2%20billion%20offering;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;SpaceX&#039;s $86.2 billion offering&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">SpaceX&#8217;s $86.2 billion offering<\/a> \u2014 after the exercise of the underwriters&#8217; greenshoe \u2014 surpassed every previous IPO in history, according to Nasdaq.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Google and SpaceX have a longer relationship than the IPO alone. In May, the two companies were in discussions about a rocket-launch deal to help develop orbital data centers, according to the Wall Street Journal. Google&#8217;s pursuit of orbital data centers is tied to its broader AI ambitions, and SpaceX Chief Executive Elon Musk has signaled his own interest in the concept.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The unrealized gains on the SpaceX stake and a separate private company investment drove a large portion of Google&#8217;s second-quarter financial results. The filing noted that other income of $98 billion for the quarter was primarily related to unrealized gains in its equity securities portfolio from SpaceX and a private company.  <\/p>\n","protected":false},"excerpt":{"rendered":"Alphabet&#8217;s Google disclosed in a quarterly filing on Thursday that it holds $94.1 billion in SpaceX stock, representing&hellip;\n","protected":false},"author":2,"featured_media":781015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[168,48069,79,193,1513,264032,51211,17012],"class_list":["post-781014","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-google","tag-public-company","tag-science","tag-space","tag-spacex","tag-spacex-stock","tag-stake","tag-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/781014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=781014"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/781014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/781015"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=781014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=781014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=781014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}