Google's parent Alphabet, an early investor in Elon Musk's SpaceX, owned a 5% stake in the space startup post the merger of SpaceX with xAI, Bloomberg reported, citing a filing. This bet could yield Alphabet $100 billion (₹9.3 lakh crore) at a $2 trillion IPO valuation. SpaceX, expected to raise $75 billion, is set to become the biggest-ever IPO.
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Vaishnavi Mishra /
10:08 am on
Thursday, 16 April, 2026