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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks G / Alphabet (GOOG)
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Author: DTB   😊 😞
Number: of 442 
Subject: Re: Valuation
Date: 02/10/26 10:59 AM
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No. of Recommendations: 5
My friendly neighbourhood bot suggests that, looking at actual money transactions rather than press releases, values for those three firms might be:
SpaceX $200bn



Your bot seems to be suffering from Musk Derangement Syndrome, if it thinks SpaceX is only worth $200b. Just based on earnings, which are estimated to be $8b in 2025 on $15-16b in revenues, with revenues and presumabl earnings expected to increase to $22-24b in 2026, a reasonable conjecture would be that earnings will reach $12b this year. At 50% growth and with a huge technological lead in space delivery, the idea that the company might be worth 18x earnings seems crazy. Recent insider share sales are at a valuation of about $800b, and most analysts expect an IPO this year at somewhere between $1-1.5t. That seems a little steep to me, but $200b?

Still your point is well taken, even at $1.5t, their 7% SpaceX stake would only be worth $105b, less than 3% of Alphabet's market cap.

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This community has written 442 posts about Alphabet. The article-length ones it recommended most:
Judge's Ruling · 24 recs · 2025
Alphabet's Century Long Bet · 23 recs · 2026
Will the Sexy Six Strut or Stumble? · 19 recs · 2025
2Q Summary 2026 · 18 recs · 2026
Up about 50% this year · 17 recs · 2023
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