Could Alphabet Be the Best Way to Buy SpaceX and Anthropic Before Their IPOs?

5 hours ago 2

Catie Hogan, The Motley Fool

Thu, June 11, 2026 astatine 11:50 AM CDT 4 min read

If you're excited astir the upcoming SpaceX and Anthropic archetypal nationalist offerings (IPOs), determination are indirect ways to summation vulnerability to some innovative companies earlier the chaos of their nationalist debuts, without taking connected the precocious hazard and volatility directly. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has important positions successful both; thus, Alphabet investors could spot imaginable upside from the occurrence of SpaceX and Anthropic.

Alphabet boarded the rocket vessel successful 2015

Alphabet made a $900 cardinal concern successful SpaceX much than a decennary ago. This was backmost erstwhile SpaceX was valued astatine a specified $12 billion, and it gave Google's genitor institution an approximate 7.5% stake. As of 2025, a filing showed that Alphabet inactive owned a small much than 6% of SpaceX.

Will AI make the world's archetypal trillionaire? Our squad conscionable released a study connected the 1 little-known company, called an "Indispensable Monopoly" providing the captious exertion Nvidia and Intel some need. Continue »

It goes without saying that Alphabet's concern successful SpaceX has rocketed upward. SpaceX plans to IPO astatine $135 per share. This values the institution astatine $1.77 trillion. In February of this year, Elon Musk's xAI merged with SpaceX. The rocket institution besides owns respective different subsidiaries, astir notably the outer net constellation Starlink. Whether these aggregate concern interests warrant the highly precocious valuation is debatable, but Musk is determined to marque SpaceX the biggest IPO of each time.

Alphabet has besides invested much than $3 cardinal successful Anthropic with a involvement that's estimated astatine 14%. Anthropic precocious confidentially filed an S-1 with the SEC astatine a valuation of $965 billion. The institution could yet debut with a marketplace headdress of much than $1 trillion. Anthropic is 1 of the fastest-growing companies successful history, and Alphabet shareholders are portion of the action.

The Alphabet and SpaceX logos connected  a reddish  and achromatic  backdrops.

Image source: The Motley Fool.

These ample investments by Alphabet suggest the institution has a precocious involvement successful some abstraction infrastructure and the adjacent procreation of artificial quality (AI). In November 2025, Alphabet announced Project Suncatcher, which is an inaugural to make a space-based scalable AI-infrastructure strategy design. Of course, the exertion and teams down Anthropic and SpaceX acceptable perfectly into this caller mission.

The risks Alphabet shareholders look stem from antitrust issues with the Department of Justice. Alphabet volition besides dilute existing shareholders erstwhile it issues $80 cardinal successful caller equity to money AI projects implicit the adjacent fewer years.

Alphabet's stableness provides screen for investors

Alphabet is simply a large semipermanent concern with oregon without SpaceX and Anthropic. The company's financials are incredibly robust. In its latest quarterly net (Q1 2026), Alphabet's gross accrued 22% to $109.9 billion. It was the company's 11th consecutive 4th of double-digit growth.

Read Entire Article