NewsHK
The concentration of private-market assets on big technology balance sheets has become a distinct valuation question for equity investors this cycle.
(GOOGL) holds $80 billion in SpaceX shares, with those shares currently subject to a short-term lockup period, making a position of extraordinary size temporarily immovable.
A stake that reframes the balance sheet conversation The $80 billion figure places Alphabet among the most heavily exposed public companies to a single private-market asset.
SpaceX remains unlisted, which means it does not offer the continuous price discovery that exchange-traded securities provide.
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