I think the Street has learned to live with the losses of these companies. These managements also have got very, very strong feedback from the investors that look you have to get profitable. And eventually we will start valuing you as any other ordinary brick and mortar type of a business based on revenues, profitability, return on investment.
How a $900 million bet on SpaceX turned 100x into $94 billion for Alphabet
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.
August 14, 2026