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Alphabet's Q2 earnings saw over $99 billion in gains from investments, with its $94 billion stake in SpaceX (representing 4% of the company) playing a significant role, according to analysis
The analysis suggests that investors seeking exposure to SpaceX, which is currently unprofitable and volatile, might consider investing in Alphabet instead, given its more stable business centered around Google Search and YouTube, and its substantial existing stake in the space company.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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