On April 16, the latest disclosed documents revealed that Alphabet, Google's parent company, may see substantial returns from its early investment in SpaceX. Disclosure documents filed by SpaceX in Alaska this week showed that Google holds a 6.11% stake in SpaceX as of the end of 2025. If SpaceX achieves a valuation of $2 trillion or more through its planned IPO, Google's stake would be worth $122 billion. However, following SpaceX's merger with xAI in February this year, Google's ownership was diluted to approximately 5%, translating to a value of around $100 billion at a $2 trillion valuation. In this disclosure, only Google and Musk (holding about 40%) were required to reveal their stakes, but several other individuals and institutions are also expected to reap billions in gains from the listing. Google first invested in SpaceX in 2015, participating alongside Fidelity Investments in a $1 billion funding round that gave them a combined stake of about 10%.