“Back in 2015, Google quietly wrote a $900M check into one of the boldest private tech bets of the decade...

“Back in 2015, Google quietly wrote a $900M check into one of the boldest private tech bets of the decade.

That investment bought roughly 7.5% of SpaceX when the company was valued around $10B to $12B. Fast forward to today, with SpaceX reportedly merging with Elon Musk’s xAI at a combined valuation near $1.25T, that early stake could now be worth over ~$110B on paper.

A reminder that some of the biggest wins happen far from the public markets. Sometimes the most powerful returns come from simply getting in early and staying patient.