Google owns SpaceX shares worth $94.1 billion, quarterly report shows

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Google owns SpaceX shares worth $94.1 billion, quarterly report shows
Photo: David J. Phillip/AP/TT

Google was an early investor in SpaceX, alongside the AI model Grok. However, after SpaceX went public in May this year, restrictions apply to what Google, as a major shareholder, can do with the shares.

According to Google's report, the restrictions on most of the holding, worth $80 billion, are short-term. For the rest of the holding, valued at $14.1 billion, Google must hold the shares at least until the fall of 2027.

Google owner Alphabet is also a major shareholder in the AI company Anthropic.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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