Google is the biggest winner in the SpaceX IPO. Back in January 2015, Google made a decision that most venture capitalists would call insanely risky. They threw $900 million at SpaceX when the company was valued at just $12 billion. Elon had recently figured out how to land rockets. Starlink was literally just a PowerPoint deck. The company was burning through cash like water trying to prove the entire concept of reusable rockets could actually work. On paper, this looked like Google throwing away nearly a billion dollars on a moonshot. But they saw something everyone else missed. A founder willing to do the impossible and a company building what would become essential infrastructure for the next decade. Fast forward to February 2026 and that single decision is about to make Google the biggest winner in what's shaping up to be the largest IPO in human history. SpaceX is prepping for a mid June IPO at a $1.5 trillion valuation. Google's 7.4% stake is about to be worth approximately $111 billion. That's an increase of over $110 billion from their original $900 million investment. To put it another way, every dollar Google invested just turned into roughly $123. The reason Google deserves the title of biggest winner isn't just about the raw numbers, though those are absolutely staggering. ...