Alphabet (GOOGL) to Earn $100B from SpaceX Investment

Alphabet Inc. (GOOGL) is projected to earn over $100 billion from its 2015 investment in SpaceX, initially valued at $12 billion with a $900 million stake. SpaceX, having merged with Musk's xAI at a valuation of $1.25 trillion, recently filed for a potential IPO aiming for a valuation of $1.75 trillion. Additionally, Google has invested more than $3 billion in AI lab Anthropic, increasing its stake to about 14% as its valuation hits $380 billion. CEO Sundar Pichai emphasized the current AI landscape is leading to more opportunities for significant startup investments.