{
  "id": 1022935,
  "title": "Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion",
  "url": "https://urgent.news/2026/08/14/alphabets-spacex-bet-grows-100-fold-over-a-decade-to-94-billion-1022935",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-14T10:05:19.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/alphabets-spacex-bet-grows-100-100519929.html"
  },
  "original_language": "en",
  "account": "Alphabet's investment in SpaceX has surged more than 100-fold over a decade, reaching a value of approximately $94 billion by the end of June 2021. This figure marks a significant increase from Alphabet's initial $900 million investment in SpaceX in 2015. The tech giant has become the largest single institutional holder of SpaceX, surpassed only by Fidelity Investments and other major investors. The disclosure of Alphabet's substantial stake in the rocket company came after its $86 billion initial public offering in June, providing a benchmark for comparing the value of its current holdings. Other notable institutional investors in SpaceX include Fidelity Investments, Saudi Arabia's sovereign wealth fund, the Public Investment Fund, and Gina Rinehart's holding company, Hancock Prospecting. The filings also reveal the rapid growth in the value of early investments in SpaceX, with Alphabet's current position worth about 86.5 times its original $900 million investment.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion",
        "url": "https://urgent.news/2026/08/14/alphabets-spacex-bet-grows-100-fold-over-a-decade-to-94-billion-861755",
        "published": "2026-08-14T10:05:19.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Alphabet's SpaceX bet grows 100-fold over a decade to $94 billion",
        "url": "https://urgent.news/2026/08/14/alphabets-spacex-bet-grows-100-fold-over-a-decade-to-94-billion",
        "published": "2026-08-14T10:16:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}