Alphabet's Stake in SpaceX Just Swelled to $94.1 Billion, and Its Position in Anthropic Is Worth Even More

Published July 27, 2026 · Category: Finance

Overview

July 22 was a pivotal day for Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG). It marked the first time in its storied history as a public company that it generated negative free cash flow -- an indication that management is spending aggressively on artificial intelligence (AI) infrastructure expansion.

But there's a lot more to Alphabet than just cloud infrastructure services platform Google Cloud and the company's integration of generative AI and large language model capabilities. Alphabet has evolved into one of Wall Street's savviest investors, and the company's second-quarter 10-Q filing with regulators fully or partially spilled the beans on how much its stakes in Space Exploration Technologies (SpaceX) (NASDAQ: SPCX) and AI start-up Anthropic are now worth.

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Originally published at www.fool.com.

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