Alphabet’s initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the largest institutional shareholder in the rocket company. Other early backers like Fidelity Investments and Saudi Arabia’s PIF also hold substantial stakes.
US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500’s streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlook, Applied
August 14, 2026