Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake

Article URL: https://www.wsj.com/tech/google-discloses-94-1-billion-in-spacex-stock-marking-6-stake-91655d7c

Comments URL: https://news.ycombinator.com/item?id=49057574

Points: 263

# Comments: 205

Hacker News 讨论

268 points · 209 comments · 查看原帖

miohtama
This investment has never been secret. Google (now under parent company Alphabet) invested roughly $900 million as the majority of a ~$1 billion funding round alongside Fidelity Investments. This gave Google an initial equity stake of about 7–7.5% in SpaceX at a valuation of roughly $10–12 billion.
wenbin
Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.
throwaw12
100x return, I would sell immediately after this kind of gain, maybe that's why I am not a Google
grim_io
6% is more than all of the issued IPO shares. They were 5%, right?
SwellJoe
It seems obvious that the deal Google signed to rent compute from xAI just before the IPO was specifically to goose the IPO, giving xAI nice looking growth. They could have paid a lot more for that deal and still made it all back on the IPO. I don't believe for a second Google needs the compute. They've got their own AI inference hardware, the biggest data centers in the world, and they don't make any of the most popular AI products. They're not desperate for compute.
fco356pal
One of the best corporate investments in recent history. >100x returns in 10 years
nonethewiser
Maybe hacker news is wrong and SpaceX is actually valuable.
m101
Given how much ai spending Google need to do, and that the are selling equity for the first time in a long time to do it, no doubt spacex shares are going to be dumped out they moment they can.