> It would be extremely foolish for an early investor like Alphabet to liquidate SpaceX holdings en masse all at once. I agree, which is just one more reason w

> It would be extremely foolish for an early investor like Alphabet to liquidate SpaceX holdings en masse all at once. I agree, which is just one more reason why the original reason you proposed for Google’s investment is very likely not correct. More likely is that Google got a good deal on compute from them. Normal business reasons. > Also, for better or worse, SpaceX did increase by about 200B today. The relevant question is how much it would have increased without Google’s investment of an additional $12B. If the answer is “more than $0” then the fact that it only increased $200B means it was a bad investment to pump the stock.