Alphabet’s holding of nearly $94 billion in SpaceX stock reveals just how deeply intertwined tech giants are with Elon Musk’s space venture—Tesla also owns $3 billion, while Nvidia and Cisco back xAI, now merged with SpaceX. Even your retirement fund might hold a piece of it, thanks to index funds. But here’s the twist: $80 billion of Alphabet’s stake is locked until 2027, and the first wave of sell-offs hits just days after SpaceX’s debut earnings report—setting the stage for a wild market reaction.
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