TradingKey – Following SpaceX’s ( SPCX) initial public offering, the value of the SpaceX stake held by Google’s parent company, Alphabet ( GOOGL) has garnered market attention. Based on SpaceX’s post-listing market capitalization and Alphabet’s estimated stake of approximately 5%, this investment is currently valued at around $94 billion, making it one of Alphabet’s most significant investments.

Alphabet and Fidelity jointly invested approximately $1 billion in SpaceX as early as 2015, with Google contributing about $900 million when SpaceX was valued at just around $12 billion. Since then, SpaceX has expanded rapidly, driven by rocket launches, the Starlink satellite internet network, and the Starship project, boosting the value of…