Alphabet increases its investment in SpaceX to $69 billion. Alphabet, Google’s parent company, increased its stake in SpaceX by acquiring nearly four million shares during the last quarter, reinforcing its commitment to Elon Musk’s aerospace company. The transaction expands a relationship that began in 2015, when Alphabet invested $900 million in SpaceX. According to the information provided, the current value of its stake is approximately $69 billion.
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