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miohtamatoday at 2:11 PM2 repliesview on HN

This investment has never been secret.

Google (now under parent company Alphabet) invested roughly $900 million as the majority of a ~$1 billion funding round alongside Fidelity Investments. This gave Google an initial equity stake of about 7–7.5% in SpaceX at a valuation of roughly $10–12 billion.


Replies

3formtoday at 3:22 PM

In fact it was often mentioned as a recommended way to try to invest in SpaceX via proxy, before IPO. I don't think that advice had much merit, but it was there nevertheless.

matwoodtoday at 2:19 PM

Remember this was also when SpaceX was actually about space, instead of mostly AI and Twitter. Long-term shareholders that were sold on the space, have to be thinking about how to get out once their lockups expire.

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