April 18, 2026 - 23:45

A routine regulatory filing in Alaska has unexpectedly revealed the staggering scale of Alphabet Inc.'s investment in Elon Musk's SpaceX. The document indicates the tech giant's stake in the private aerospace company could be valued at approximately $122 billion.
The disclosure emerged from an Alaska state requirement mandating that companies operating there list any shareholders with a 5% or greater ownership interest. This rule has provided a rare glimpse into the typically opaque ownership structure of SpaceX, which remains a privately held entity and seldom discloses such financial details.
This revelation underscores the immense value locked within SpaceX as it continues to dominate the commercial launch industry and expand its Starlink satellite internet constellation. The estimated valuation of Alphabet's holding highlights SpaceX's profound growth and market position, transforming it into one of the world's most valuable private companies. For Alphabet, this investment represents a significant and highly lucrative asset that has largely flown under the public radar until now. The filing confirms that the parent company of Google has maintained a substantial position in one of this century's most pioneering aerospace ventures.
July 17, 2026 - 18:56
Yahoo Finance test drives Mercedes-Benz's new luxury EV, the CLA 250+Mercedes-Benz is pushing deeper into the electric vehicle market with a new luxury sedan aimed squarely at Tesla`s Model 3. The automaker recently unveiled the CLA 250+, an all-electric entry that...
July 17, 2026 - 02:15
Illinois takes action against new business promoted by Chicago businessman 'Brandon Mr. Finance'The Illinois secretary of state has taken formal action against a newly promoted business tied to a Chicago businessman known online as `Brandon Mr. Finance.` Officials issued a cease-and-desist...
July 16, 2026 - 23:01
42% of adults rely on their parents for financial support—there are no 'bad guys' here, says financial therapistA recent survey has revealed that 42% of adults continue to depend on their parents for financial support, a figure that challenges traditional ideas about independence and adulthood. While some...
July 16, 2026 - 05:01
EverQuote to Announce Second Quarter 2026 Financial Results on August 3, 2026CAMBRIDGE, Mass., July 15, 2026 -- EverQuote, Inc., a company that provides growth solutions for property and casualty insurance providers, has announced plans to release its financial results for...