感觉文章里面的数值计算有问题

“In Q1 2025, Alphabet disclosed roughly $8 billion in unrealized gains tied primarily to its SpaceX stake, reflecting private-market valuations of roughly $350 billion at the time.”

“If SpaceX were to IPO near the rumored $1.5 trillion valuation in 2026, Alphabet’s original $900 million investment could be worth more than $110 billion.”

$8 billion 对应市值  $350 billion

$110 billion 对应市值 $1.5 trillion

所有跟帖： 

• Initial Stake: 7.4%–7.5% ownership～～～ -华灜- ♀ (0 bytes) () 02/03/2026 postreply 13:48:28

• 最初投资占7.4%,后续融资中,被稀释了,现在不会是7.4%.文章算错了. -在河边- ♂ (0 bytes) () 02/03/2026 postreply 14:13:09

• 初创企业的反复fund raising，会造成早期股东的股份快速稀释的，当然也赚了，但是比例没有那么高了 -桃花源里人家- ♂ (0 bytes) () 02/03/2026 postreply 21:40:23