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Berkshire Hathaway gains indirect $700M SpaceX stake via Alphabet shares

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Berkshire Hathaway has acquired an indirect investment in SpaceX worth approximately $700 million through its existing stake in Alphabet. The exposure to SpaceX comes not from a direct purchase but through Alphabet's own holdings in the private space company. While the investment is relatively modest compared to Berkshire's vast portfolio, it underscores how interconnected major corporations have become through cross-shareholdings. The development is notable given Elon Musk's longstanding interest in having Warren Buffett's firm as a shareholder in SpaceX.

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Berkshire Hathaway gains indirect $700M SpaceX stake via Alphabet shares · ShortSingh