Google's parent Alphabet, an early investor in Elon Musk's SpaceX, owned a 5% stake in the space startup post the merger of SpaceX with xAI, Bloomberg reported, citing a filing. This bet could yield Alphabet $100 billion (₹9.3 lakh crore) at a $2 trillion IPO valuation. SpaceX, expected to raise $75 billion, is set to become the biggest-ever IPO.