Alphabet said that after SpaceX completed its IPO its holding in SpaceX totals
$94.1 bln. About $80.0 bln of the position is subject to a short-term lockup and
$14.1 bln is long-term restricted until before Q3 next year. Alphabet, an early
SpaceX investor whose portfolio also includes a stake in Anthropic, said rising
SpaceX share prices have helped profits in recent quarters and that investment
valuations rose nearly $100 bln in Q2, lifting net income.