Alphabet Just Revealed a $94 Billion Stake in SpaceX — and It Can’t Sell a Single Share Yet
Alphabet (GOOG -6.88%)(GOOGL -7.13%) gave investors plenty to debate in its second-quarter report this week, from 24% revenue growth to another big increase in its capital spending plans. But I’d argue the most remarkable number sat in the company’s quarterly filing with the Securities and Exchange Commission. Alphabet’s stake in rocket maker SpaceX (SPCX +2.58%)…