Alphabet holds $234B in potential SpaceX, Anthropic IPOs

Alphabet is positioned for a massive windfall if SpaceX and OpenAI deliver on their blockbuster IPOs. Google holds a significant stake in SpaceX and a 14% interest in Anthropic, giving it exposure to two of 2026's hottest prospective listings. Investors are piling into funds like Ark's VCX and Destiny Tech100 to capture this potential $300 billion opportunity.