GOOGL · News · 20261106N
SpaceX Equity Stake
Alphabet Inc. · 2026-11-06 · Importance 53 · Surprise 48 · In source text
Alphabet increased its SpaceX holding by 3.8 million shares in the third quarter, bringing the total to approximately 555 million shares. The stake's value declined by $10.5 billion during the quarter as SpaceX's share price fell from $170.86 to $123.62. The decline contributed $8.2 billion in unrealized losses to Alphabet's negative other income.
Key facts
- Alphabet's SpaceX stake fell $10.5 billion in value during Q3 as SpaceX's share price fell from $170.86 to $123.62, contributing $8.2 billion in unrealized losses to Alphabet's negative other income. source
- Alphabet increased its SpaceX stake by 3.8 million shares in Q3, bringing its total holdings to approximately 555 million shares. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -6.8% | Alphabet's SpaceX stake fell $10.5 billion in value during Q3 as SpaceX's share price fell from $170.86 to $123.62, contributing $8.2… |
| assets | negative | realized | -1.1% | Alphabet's SpaceX stake fell $10.5 billion in value during Q3 as SpaceX's share price fell from $170.86 to $123.62, contributing $8.2… |