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Berkshire Gains Indirect SpaceX Stake | Durham News
Berkshire Hathaway just made waves by doubling down on Alphabet, snapping up nearly 106 million shares and now holding a stake that puts Google’s parent company as its third-biggest investment—right after Apple and American Express. The move indirectly ties Berkshire to Elon Musk’s SpaceX, since Alphabet owns nearly 4% of the space giant. Though Buffett has never invested in Tesla or SpaceX—despite Musk’s persistent pitches—he’s praised Musk’s brilliance while sticking to his proven playbook: predictable earnings, not rocket science. SpaceX’s valuation is built on speculative future growth…
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