Alphabet Discloses $94.1 Billion Stake in SpaceX After Blockbuster IPO, With Most Shares Locked Up Through 2027

Overview

Alphabet, Google’s parent company, disclosed in a quarterly filing that its stake in SpaceX is worth $94.1 billion, according to Yahoo Finance and CryptoBriefing. The filing was submitted Thursday, July 23, 2026, and is referenced as available on the SEC’s Edgar database, according to Yahoo Finance, which put the position at a roughly 6% stake in the rocket and satellite company. CryptoBriefing similarly described it as an estimated 6% stake following SpaceX’s initial public offering.

What We Know

• Alphabet’s SpaceX position was worth about $94.1 billion at the end of the second quarter, according to Analytics Insight.
• The position traces back to January 2015, when Google and Fidelity invested a combined $1 billion in SpaceX, according to Analytics Insight. That round gave the two investors a combined stake of just under 10% at the time, per Analytics Insight, which reports that subsequent funding rounds and SpaceX’s public offering have since diluted the position to an estimated 4% to 6%.
• Most of the stake cannot currently be sold. About $80 billion of the shares carry short-term restrictions on trading, while another $14.1 billion remains restricted through the third quarter of 2027, according to Yahoo Finance and CryptoBriefing. Yahoo Finance describes the lock-up as a standard condition for investors who receive shares in connection with a company’s IPO.
• SpaceX went public on June 12, 2026, at $135 a share and surged 19% on its first day of trading, according to Yahoo Finance. The stock went on to reach an all-time high of $225.64 in mid-June, according to CryptoBriefing, before pulling back; shares were trading near $112 on Thursday, down about 2.6% on the day and roughly 50% below that peak, per CryptoBriefing. Analytics Insight separately noted that SpaceX shares have fallen below their $135 IPO price and were recently trading near $112.
• Alphabet’s own shares fell nearly 8% after the company released its quarterly earnings the day before, on Wednesday, according to CryptoBriefing.

SpaceX’s stock market debut followed a confidential IPO filing earlier in the year, as The Machine Herald previously reported.

What We Don’t Know

• Alphabet’s filing itself does not appear to state an exact ownership percentage. The 4% to 6% figures in circulation are outlet estimates based on valuation and share-count methods, according to Analytics Insight, rather than a number Alphabet disclosed directly.
• Whether this week’s roughly 8% drop in Alphabet’s own share price was connected in any way to the SpaceX stake disclosure is not established. CryptoBriefing reports the earnings-driven decline and the SpaceX filing as events on consecutive days without drawing a causal link between them.