How Elon Musk's SpaceX may make Google richer by more than $100 billion in 2026

Google-parent Alphabet may see a major financial return from its investment in Elon Musk's rocket company SpaceX. The tech giant’s investment may be valued at approximately $111 billion if SpaceX goes public next year as planned.

In 2015, Google invested around $900 million in SpaceX, acquiring a stake of about 7% when the space company was valued at $12 billion.

With reports indicating SpaceX is planning an IPO next year at a valuation of $1.5 trillion, Google's holding is set to reach $111 billion.SpaceX's success has already had a significant positive impact on Google's finances. Earlier this year, Google reported an $8 billion gain from "non-marketable equity securities," which Bloomberg reported was tied to its SpaceX holding. This gain accounted for 25% of Google's net income in the first quarter of 2025.

Elon Musk’s SpaceX’s IPO plans: What we know so far

According to a Bloomberg report, SpaceX plans to raise $30 billion in funding over the next year. If it decides to float an initial public offering, it would be worth up to $1.5 trillion. There are no confirmations from SpaceX yet. Its important to note that This move would even make Musk even richer than he already is. On the other hand, going public would also result in people closely watching how SpaceX operates, which has been a point of annoyance for Tesla CEO Musk.

At present, SpaceX stands at a crossroads. It has been responsible for most of the astronaut and satellite launches, in addition to being a major player in internet provision through its satellite network, “Starlink.”Unlike most other space firms, SpaceX is making a profit, as Musk reported in recent social media posts. Musk noted that "Starlink revenue now brings in most of our [Tesla's] current sales." In addition, SpaceX also has a multi-billion-dollar agreement with NASA to maintain the International Space Station and transport its astronauts to the moon."ultimate goal of establishing a human settlement on Mars appears to be a practically impossible task.""Starship"