Donald Harrison, Google's president of global partnerships, resigned from SpaceX's board after nearly 12 years, leaving Alphabet without a direct board seat despite increasing its SpaceX stake. The departure comes as Alphabet expands its commercial ties with SpaceX, including a $920 million monthly AI computing contract. Harrison's exit removes a potential conflict of interest but also Alphabet's formal influence on SpaceX governance. Investors await a replacement director and further updates on Alphabet's SpaceX holdings amid SpaceX's $1.77 trillion valuation and recent stock volatility.
As of Nov 07, 2026 22:02 WIB, SpaceX shares on Pluang are priced at USD 134.27, up 8.62% for the day, reflecting strong investor interest despite recent board changes. Alphabet's stock is trading at USD 284.78 with a modest 0.78% gain, showing steadier movement amid its growing commercial ties with SpaceX. Notably, SpaceX's market cap on Pluang stands at $1.82 trillion, underscoring its significant scale in the industrials sector.
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 reve...
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...
