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Hacker News

Maybe hacker news is wrong and SpaceX is actually valuable.

by nonethewiser

One of the best corporate investments in recent history. >100x returns in 10 years

by fco356pal

It seems obvious that the deal Google signed to rent compute from xAI just before the IPO was specifically to goose the IPO, giving xAI nice looking growth. They could have paid a lot more for that deal and still made it all back on the IPO. I don't believe for a second Google needs the compute. They've got their own AI inference hardware, the biggest data centers in the world, and they don't make any of the most popular AI products. They're not desperate for compute.

by SwellJoe

6% is more than all of the issued IPO shares. They were 5%, right?

by grim_io

100x return, I would sell immediately after this kind of gain, maybe that's why I am not a Google

by throwaw12

Alphabet is the modern day berkshire hathaway.

Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B)

The track record of google’s M&A is pretty good.

Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.

by wenbin

This investment has never been secret.

Google (now under parent company Alphabet) invested roughly $900 million as the majority of a ~$1 billion funding round alongside Fidelity Investments. This gave Google an initial equity stake of about 7–7.5% in SpaceX at a valuation of roughly $10–12 billion.

by miohtama

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  • Hacker News
  • Google also has around a 14% stake in Anthropic (as at 2025 [1]) and they participated in the "G" funding round [2]. Amazon has a significant stake in them too.

    [1] https://www.nytimes.com/2025/03/11/technology/google-investm... , https://archive.md/f0BxC

    [2] https://www.anthropic.com/news/anthropic-raises-30-billion-s...

    by kristianp
  • Maybe hacker news is wrong and SpaceX is actually valuable.
    by nonethewiser
  • One of the best corporate investments in recent history. >100x returns in 10 years
    by fco356pal
  • It seems obvious that the deal Google signed to rent compute from xAI just before the IPO was specifically to goose the IPO, giving xAI nice looking growth. They could have paid a lot more for that deal and still made it all back on the IPO. I don't believe for a second Google needs the compute. They've got their own AI inference hardware, the biggest data centers in the world, and they don't make any of the most popular AI products. They're not desperate for compute.
    by SwellJoe
  • 6% is more than all of the issued IPO shares. They were 5%, right?
    by grim_io
  • 100x return, I would sell immediately after this kind of gain, maybe that's why I am not a Google
    by throwaw12
  • Alphabet is the modern day berkshire hathaway.

    Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B)

    The track record of google’s M&A is pretty good.

    Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.

    by wenbin
  • This investment has never been secret.

    Google (now under parent company Alphabet) invested roughly $900 million as the majority of a ~$1 billion funding round alongside Fidelity Investments. This gave Google an initial equity stake of about 7–7.5% in SpaceX at a valuation of roughly $10–12 billion.

    by miohtama