How Elon Musk may add $100 billion-plus to Google’s cash reserves
Elon Musk-owned SpaceX is reportedly planning to go public next year. According to estimates, the space company is targeting a valuation of $1.5 trillion ahead of the IPO. That boosted Musk’s fortune to more than $600 billion, making him the first person in history with worth over $600 billion. Another big winner from the SpaceX $1.5 trillion valuation IPO could be Google. The tech giant, as reported by Business Insider, is one of the largest outside investors in SpaceX, along with VC firm Founders Fund and Fidelity.
Google has reportedly invested around $900 million in SpaceX for a stake of around 7% in 2025. SpaceX was then valued at $12 billion.
