One decision changed the game, know how Google’s small investment in SpaceX became Rs 800000 crore

Google Parent Company: Google’s parent company Alphabet has recently set an example of how big an investment can be if it is made at the right time and is maintained for a long time. There was a time when this investment was considered just a strategic partnership, today it has become one of the biggest assets of Alphabet (Google’s parent company).

Recently, the company has said in its latest report that the value of its stake in SpaceX has now reached about 94 billion dollars (about Rs 8 lakh crore). This clearly shows that this investment made a few years ago has now proved to be very beneficial for the company.

How did the value of investment increase?

Alphabet made a strategic investment in SpaceX several years ago. With the rapidly growing business of SpaceX, its investment value also kept increasing. But according to the latest report of the company, now the value of this stake is said to be around 94 billion dollars.

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In such a situation, this investment has now started being counted among the most valuable equity holdings of Alphabet. Out of this, the share of about 80 billion dollars is currently within the lock-up period. Due to lock-up, Alphabet cannot sell a large part of this investment immediately.

SpaceX’s price increased rapidly

According to the report, the value of SpaceX has increased rapidly in the last few years. The biggest reason for this is believed to be the company’s commercial rocket launch business and Starlink satellite internet service. Due to the increasing value of the company in the last few years, the confidence of investors has become even stronger. Both these businesses have significantly increased the value of the company.

Investors will keep an eye on the future

Now the market will keep an eye on whether Alphabet will retain its stake for a long time after the lock-up period is over or it will think of gradually selling it and earning profit. However, now investors will keep a special eye on any new decision taken by the company regarding this investment.

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