Google's $94 Billion Gain from Early Investment in SpaceX
In its second-quarter earnings report, Google revealed a significant unrealized gain on its early investment in SpaceX made back in 2015. The stake is now worth approximately $94 billion as SpaceX went public at an estimated valuation of around $1.77 trillion. However, the windfall had minimal impact on investor sentiment or stock price.
Topics: Google investments SpaceX stock valuation unrealized gains