Lates News

The early investment in SpaceX is expected to bring huge profits to Alphabet. By the end of 2025, Google LLC holds 6.11% of Elon Musk's company. After SpaceX merged with xAI in February of this year, Google's stake is likely to be diluted to about 5%. If SpaceX goes public with a valuation of $2 trillion, this stake will be worth $100 billion. This listing will make Musk the world's first trillionaire and significantly increase the personal wealth of his long-term core executives, including company president Gwynne Shotwell; while the earliest investors are also expected to receive huge returns on their investment.