Could Google Reap Huge Rewards from SpaceX’s Upcoming IPO?

In a significant venture from the past, Google invested around $900 million in Elon Musk’s SpaceX back in 2015. As discussions intensify regarding SpaceX potentially launching an initial public offering (IPO) next year, the stakes have never been higher for the tech giant.

Google’s Initial Investment in SpaceX

In 2015, Google secured a stake of approximately 7 percent in SpaceX, a strategic move made when the company was valued at $12 billion. Fast forward to the present, and the landscape is shifting dramatically. There are reports suggesting that SpaceX could soon go public, with a projected valuation of about $1.5 trillion. This could lead to potentially enormous returns for Google, which may see its investment balloon to an approximate value of $111 billion—an increase of nearly $100 billion if the IPO materializes as planned.

How Google is Capitalizing on SpaceX

Even before any public offering, Google is already reaping benefits from its investment in SpaceX. Recent financial reports reveal that Google recorded a staggering $8 billion gain from its “non-marketable equity securities.” According to Bloomberg, this impressive figure constituted about 25 percent of Google’s total income for the first quarter of 2025, underscoring the value that SpaceX brings to the tech giant’s financial health.

Google isn’t alone in this lucrative venture; other major investors in SpaceX include prominent firms such as Founders Fund and Fidelity. These partnerships have played a crucial role in bolstering the financial prospects and credibility of SpaceX.

What We Know About SpaceX’s IPO Plans

Reports by Bloomberg and various market analysts suggest that if SpaceX does launch its IPO, it may aim to raise $30 billion, making it one of the largest IPOs in history. However, it’s important to note that SpaceX has yet to officially disclose any details about these potential plans. Should the company choose to move forward with its IPO, it is likely to have no difficulties raising the necessary funds, given its strong brand reputation and track record of success.

SpaceX has established itself as a vital player in the aerospace sector, partnering with NASA on several critical missions. Its ability to deliver results instills confidence among investors and affirms its operational capabilities.

Implications for Elon Musk

For Elon Musk, the founder of SpaceX, a successful IPO could have far-reaching financial implications. Reports indicate that Musk holds nearly half of the company’s stock. Drawing a parallel to his role at Tesla, a significant IPO would not only enrich Google but also substantially increase Musk’s wealth. Currently estimated at around $461 billion, Musk’s net worth could potentially double if SpaceX’s valuation reaches its projected limits.

In a market where tech and space exploration continue to intersect, the unfolding story of Google and SpaceX serves as a reminder of the vast potential of investments in innovative industries. As the space-tech firm ponders its IPO strategy, all eyes are on its next moves—and on how those decisions could further reshape the fortunes of investors like Google.