Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock
Space X logo in front of a launch in progress. Key Points GOOGL's $900 million investment in SpaceX in 2015 could turn into more than $110 billion in value if the company IPOs near the $1.5 trillion mark in 2026. Starlink has transformed SpaceX into a global communications infrastructure provider, driving rapid subscriber growth, rising revenue, and a sharp re-rating in private market valuations. A SpaceX IPO would crystallize a major hidden asset on Alphabet’s balance sheet, reinforcing its long-term ...