Alaska Filing Confirms Alphabet's $122B SpaceX Stake, Intensifies IPO Speculation

An April 18 Alaska regulatory filing confirmed Google LLC's 6.11% stake in SpaceX at end-2025, valued at roughly $122 billion amid talk of a $2 trillion IPO. The holding stems from a 2015 joint $1 billion investment with Fidelity at a $12 billion valuation, first reported April 16. This rare disclosure highlights Alphabet's valuable non-core asset, potentially repricing shares higher and sparking volatility tied to SpaceX IPO timelines.