GOOG · News · 20261106N

SpaceX Equity Stake and Relationship

Alphabet Inc. · 2026-11-06 · Importance 53 · Surprise 48

Alphabet increased its SpaceX holding by 3.8 million shares in Q3, bringing the reported total to approximately 555 million shares. The value of the stake fell by $10.5 billion during the quarter, contributing $8.2 billion in unrealized losses to Alphabet’s negative other income. The report also says Alphabet pays $920 million monthly for Nvidia GPU access supporting Gemini Enterprise, a substantial commercial relationship alongside its SpaceX equity holding.

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