This Big Tech Stock Has a Lot to Gain From a SpaceX IPO

By Stefon Walters – Apr 17, 2026 at 4:45PM ESTKey PointsAlphabet invested in SpaceX in 2015.SpaceX is aiming for a $1.75 trillion to $2 trillion valuation at its IPO.SpaceX is one of the world's most talked-about companies right now, with its plans for an initial public offering (IPO) beginning to gain momentum. According to some reports, SpaceX is looking to raise at least $75 billion at a $1.75 trillion to $2 trillion valuation, which would make it the largest IPO in history. A handful of companies are expected to benefit significantly from SpaceX's growth, but no other big tech company is likely to benefit more from its IPO than Alphabet (GOOG +2.00%)(GOOGL +1.71%). Image source: The Motley Fool. In 2015, Alphabet invested $900 million in SpaceX, giving it a 7% stake in the company at a valuation of around $12 billion. If SpaceX were to hit its IPO valuation goal, it would represent a roughly 14,480% to 16,560% increase since Alphabet first invested 11 years ago. Alphabet's current stake in SpaceX is likely around 5% after some share dilution, so a SpaceX valuation of $1.75 trillion to $2 trillion would mean Alphabet's initial $900 million investment could be worth north of $100 billion. ExpandNASDAQ: GOOGAlphabetToday's Change(2.00%) $6.65Current Price$339.42Key Data PointsMarket Cap$4.0TDay's Range$333.28 - $339.9852wk Range$148.40 - $350.15Volume628KAvg Vol21MGross Margin59.68%Dividend Yield0.25% Admittedly, this would be just paper gains initially, but it's still a nice card to have in its deck if or when Alphabet wants to put the money to work somewhere. This is especially true as the company ramps up its spending plans to build out data centers and other AI infrastructure. It's just another of many reasons to give Alphabet a closer look as a possible investment.Read NextApr 17, 2026 •By Matt Frankel, CFPS&P 500 Explained: How the Index Works and How to Invest in ItApr 17, 2026 •By Matt Frankel, CFPBest Stocks to Buy Now: Our Buy-and-Hold Picks for April 2026Apr 17, 2026 •By Rachel WarrenBest Blue Chip ETFs to Buy in 2026Apr 16, 2026 •By Daniel FoelberIs Energy the Real AI Bottleneck?

What Investors Need to KnowApr 16, 2026 •By Lee SamahaIf You Only Buy 1 AI Stock This Year, Wall Street Says Make It This OneApr 16, 2026 •By Jeremy BowmanBest Music Stocks to Buy in 2026About the AuthorStefon Walters is a contributing Motley Fool stock market analyst covering publicly traded companies across technology, consumer goods, and financials, as well as retirement planning. Stefon is a published author and has more than a decade of experience teaching financial literacy. He holds a bachelor’s degree in economics from the University of North Carolina at Chapel Hill.TMFStefonWStocks MentionedAlphabetNASDAQ: GOOG$339.42(+2.00%)+$6.65AlphabetNASDAQ: GOOGL$341.76(+1.71%)+$5.74*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.