Report: Google parent company Alphabet is expected to receive a $100 billion "windfall" from its SpaceX investment
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By the end of 2025, Google will hold a 6.11% stake in this company under Elon Musk. After the merger between SpaceX and xAI in February, Google's share may be diluted to around 5%. Based on an IPO valuation of 2 trillion USD, this stake would be worth 100 billion USD. This listing will solidify Elon Musk's position as the world's first trillionaire and increase the personal wealth of long-term associates such as President Gwynne Shotwell, with early supporters expected to reap massive returns. (Bloomberg)
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