SpaceX (SPCX) has been one of the market's most closely watched stocks since its blockbuster June 2026 IPO. After debuting at a valuation of roughly $1.8 trillion, the stock initially surged before losing nearly 50% from its post-IPO peak as investors questioned whether its valuation had gotten ahead of fundamentals.
Now, a fresh catalyst has emerged. Alphabet's (GOOG) (GOOGL) latest regulatory filing revealed it owns about $94.1 billion worth of SpaceX's stock, including roughly $80 billion subject to near-term lockups and another $14.1 billion restricted through late 2027.
