This is a masterful piece of financial engineering by Google and SpaceX. Google ... (opens in new tab)  ⚡AI Hardware

This is a masterful piece of financial engineering by Google and SpaceX.Google purchased 10% of SpaceX over a decade ago. After dilution they probably own around 5%.SpaceX is valued at a whopping 94x revenue. This deal increases SpaceX's revenue by $11 billion per year. If SpaceX maintains this revenue multiplier, then this single deal boosts SpaceX's valuation by 94 x 11 billion = $1 trillion dollars. Google owns 5% of SpaceX, so they make 50 billion dollars. Google spends 10 billion and mak...