# Alphabet's SpaceX Investment Grows 100x $900 million investment now worth $94 billion. - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-08-14 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/151f264b-b30d-45a7-a1dd-e7666c9cfb22 ## Alphabet's SpaceX Investment Alphabet invested $900 million in SpaceX in the early 2010s. This move was one of the early bets on the growth potential of the space industry. Under Elon Musk's leadership, SpaceX revolutionized rocket technology. Alphabet's investment yielded significant long-term returns. ## IPO and Valuation Surge SpaceX went public in June 2026 with an $86 billion IPO. During this process, Alphabet's shares gained substantial value. The company became SpaceX's largest institutional shareholder. The IPO boosted investor interest in the space sector. ## Return on Investment Alphabet's initial $900 million investment grew to $94 billion. This represents a return of approximately 100x. Such success highlights the potential of technology and space investments. Alphabet strengthened its portfolio with this move. ## Other Major Investors Early investors in SpaceX include Fidelity Investments and Saudi Arabia's PIF. These institutions played a crucial role in the company's growth. Alongside Alphabet, these investors reaped significant gains from the IPO. ## Rise of the Space Industry SpaceX's success symbolizes the global rise of the space industry. The company reduced costs with reusable rockets. This development created new opportunities in areas like space tourism and satellite technology. ## Alphabet's Strategy Alphabet solidified its leadership in technology and space with its SpaceX investment. The company gains a competitive edge by investing early in future industries. This strategy contributes to Alphabet's long-term growth. ## Lessons for Investors SpaceX's success offers valuable lessons for investors. Early investments in future technologies can yield significant returns. However, such investments require high risk tolerance and patience. ## Future Implications SpaceX's success will shape the future of the space industry. Companies like Alphabet may increase their investments in this sector. This could create new opportunities for technological innovation and economic growth. ## Sources covering this story - https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/how-a-900-million-bet-on-spacex-turned-100x-into-94-billion-for-alphabet/articleshow/133248581.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._