Alphabet increased its holdings in SpaceX to 555 million shares valued at $83.7 billion as of September 2026, making it its largest equity position despite a decline in value due to share price changes. The move coincides with SpaceX's strong Q3 revenue growth and profitability turnaround. Alphabet also invested $547.9 million in Qualcomm, expanding into AI data-center chips, and added new positions in biotech firms Neutron Holdings, Freenome, and Obsidian Therapeutics. Meanwhile, it trimmed or exited several other holdings, signaling a strategic portfolio reshuffle focused on aerospace, AI, and biotech sectors.
As of Nov 07, 2026 19:02 WIB, SpaceX shares trade at USD 134.27 on Pluang, up 8.62% in the last day, reflecting strong market interest. Alphabet Inc Class A, which recently increased its SpaceX stake, is priced at USD 284.78 with a 0.78% gain, while Qualcomm shares rose 5.52% to USD 165.41. Notably, SpaceX's market cap stands at $1.82 trillion, underscoring its significant scale in the industrials sector.
Don Harrison, a longtime Google executive and SpaceX board member, has resigned from SpaceX's board. The resignation was not due to any disagreement with the company, and SpaceX thanked him for his dedicated service. Alphabet, Google's parent company...
Elon Musk projected that SpaceX could reach an annual recurring revenue (ARR) exceeding $500 billion by December 2027, a figure that is about 2.8 times higher than the highest Wall Street analyst estimate of $290 billion. Musk emphasized this as a be...
SpaceX shares climbed 4% to $128.92 as tech stocks recovered after a post-election selloff that had pushed SpaceX down 25% in a month. The rebound is supported by strong U.S. jobs data and a rotation back into growth stocks, though challenges remain ...
On November 5, 2026, ARK Invest led by Cathie Wood sold about $134 million worth of Broadcom shares and purchased Nvidia and SpaceX shares totaling roughly $100 million. This move reflects a strategic shift from Broadcom's custom AI chips toward Nvid...
Tesla and SpaceX, Elon Musk's two largest public companies, lost a combined $457 billion in market value between November 3 and 5, 2026, following Democratic wins in Congress and key Texas races. Tesla's stock dropped nearly 14%, while SpaceX fell ov...
