I know everyone keeps talking about circular financing and I know people have doomer fatigue but this is a perfect top signal imho.
Google put in 95 billion at ipo day which means they are already down over 20 billion on that investment
Google has so much capex spend there is likely no chance it can keep doing this at scale for another 3 years and yet
The stock market based on PEs now vs the historical mean as well as stocks adjusted for buybacks is still pricing all the AI firms and compute firms like they have an infinite pool of money to continue this spend or swim philosophy
Its a matter of time before all these firms realize they cant justify the spend with so little actual return and that will be a problem
https://www.bloomberg.com/news/articles/2026-07-23/google-says-it-holds-94-billion-in-spacex-shares-after-ipo
Posted by Tripleawge
14 Comments
This stake was bought in 2015 for $1 billion
Where does it say they put in 95 billion on IPO day? I’m reading that there equity investments are worth up to 95 billion after IPO day. Meaning there investments ran up to that dollar amount. Not fresh capital being injected.
Might I suggest investing in an index and never providing commentary on things you don’t understand?
Misinformation
They do not hold at IPO price, the article clearly states their shares are in lock up as they invested in SpaceX pre IPO. Reading comprehension is at an all time low here good lord.
lol, no they don’t
OP you are a dumbfuck. They did not buy it at IPO price, not even remotely close.
Huge losses lol they trade worse than me
I almost had a heart attack
Theyre waiting for the lockup expire and dump it
Why would they have bought at IPO price???
Paid $1 billion, worth $90 billion…….another bonehead move by google
Take the keyboard away from OP
That’s a lot of conviction for someone who skipped the part where they verify the very first premise. Google bought pre-IPO. Could’ve saved yourself the essay.