Alphabet Inc. revealed in its second-quarter 10-Q report on Thursday that it holds $94.1 billion in SpaceX shares after the rocket manufacturer's blockbuster initial public offering (IPO).
The company said that $80 billion of its SpaceX holdings are under "short-term sale restrictions," while the remainder,$14.1 billion, is subject to long-term restrictions through the third quarter of 2027.
Alphabet's investment portfolio also includes equity in leading artificial intelligence company Anthropic PBC. Capital gains from Alphabet's investments came to nearly $100 billion in the second quarter, driving net income, the tech giant said in its earnings report on Wednesday.
https://breakingthenews.net/Article/Alphabet-says-it-holds-dollar94B-in-SpaceX-shares/66760526
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