121–130 of 344 posts
Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.
The companies you listed have great synergy with Google's core business. What's Google's play with SpaceX? Data centers in space?
Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.
The companies you listed have great synergy with Google's core business. What's Google's play with SpaceX? Data centers in space?
So on that front, while I didn’t guess this, it does sound like a good investment.
Furthermore, while I am skeptical about the “DC in space” thing in the short term, and Musk’s timelines are, generously, something like P99.9 outcomes, it seems plausible that in 10 years it might make sense. And at that point Google will want to put their TPUs in orbit, too.
Alphabet is the modern day berkshire hathaway. Alphabet’s investment holdings (eg, spacex, anthropic..) are worth in the same order of magnitude of BRK’s (~$300B) The track record of google’s M&A is pretty good. Except for search and cloud, many of Google’s important products were from M&A - Maps, Docs, android, doubleclick, youtube , deep mind, etc.
I am short both Google and SpaceX RN; SpaceX's IPO smells foul. Google is an AI-bubble short; Anthropic and OpenAI haven't IPOed yet.
Maybe you’re right but, man, there’s easier money to be made than betting against those two companies.
This investment has never been secret. Google (now under parent company Alphabet) invested roughly $900 million as the majority of a ~$1 billion funding round alongside Fidelity Investments. This gave Google an initial equity stake of about 7–7.5% in SpaceX at a valuation of roughly $10–12 billion.
Remember this was also when SpaceX was actually about space, instead of mostly AI and Twitter. Long-term shareholders that were sold on the space, have to be thinking about how to get out once their lockups expire.
Sure, I'm cherrypicking the success stories but I don't think it's the only signal people should use.
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Love the typo. I think Musk's luck is running out, he's been too political this past year and he seems to also have run out of geek "street cred". Remember youtubers visiting (whatever the Tesla trade show was called) were more perplexed than impressed with what has been shown. Similar sentiment seen across trade shows (like CES) where everything was AI and no one seemed to ask themselves "why are we putting AI in th…
It’s so weird to see people actively try to criticize arguably the most successful person in the history of Earth.
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These have become some of the most valuable companies on Earth. The idea that there are lapses in governance in these companies is insane. Any shareholder is buying in fully aware of the governance structure. Many because of it! Shareholders’ rights are clearly enumerated.
The typical "investor" is an ETF these days. Your standard SPY or VTI investor doesn't know jack diddly squat about shareholder rights, nor do they ever plan to invoke them.
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Remember this was also when SpaceX was actually about space, instead of mostly AI and Twitter. Long-term shareholders that were sold on the space, have to be thinking about how to get out once their lockups expire.
I don't think companies expanding their business should be the only reason to sell. Apple was a desktop and laptop computer company when they released the iPod. Nokia was a company making rubber products when they started making cellular equipment in the 1970s. Amazon was a ecomm company when they released AWS. Etc. Sure, I'm cherrypicking the success stories but I don't think it's the only signal people should use.