<div id="readability-page-1"><p>Alphabet Inc. (GOOGL) could benefit from a jump in SpaceX's private market value. <em>Bloomberg</em> reported that a recent tender offer values SpaceX at about $800 billion, lifting the value of Alphabet's stake. The insider share sale was priced at $421 per share, a sharp increase from earlier deals. This higher price boosts the value of Alphabet's long-held investment in Elon Musk's space company.</p><h3>Claim 50% Off TipRanks Premium and Invest with Confidence </h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  designed to help you make smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  so your portfolio is always positioned for maximum potential</li></ul> <p>Google first invested in SpaceX in 2015, joining Fidelity Investments in a $1 billion funding round. At the time, the group bought a combined stake of about 10%. Alphabet does not disclose how large its holding is today, but changes in SpaceX's value have shown up in its earnings before.</p> <h2><strong>This Isn't the First Time SpaceX Has Helped Earnings</strong></h2> <p>Alphabet has already benefited from SpaceX's rising value. Earlier this year, the company reported an $8 billion unrealized gain tied to an investment in a private firm. While Alphabet did not name the company, it was widely believed to be SpaceX. That gain followed a tender offer late last year that valued SpaceX at about $350 billion and helped Alphabet beat earnings expectations for the March quarter.</p> <p>Alphabet does not list private investments by name in its filings. Instead, gains from holdings like SpaceX appear as unrealized gains on non-marketable equity securities. These gains are on paper, but they can still lift reported profits in a given quarter.</p> <h2><strong>What Investors Will Watch Next</strong></h2> <p>Alphabet's core business is still driven by ads, cloud, and AI. But its early bet on SpaceX has become an added source of upside. These gains do not change the long-term story, but they can give earnings a short-term boost and support sentiment around the stock.</p> <p>With SpaceX now valued much higher, investors will be watching Alphabet's next earnings report in early February for signs of another accounting gain. Any increase in the carrying value of the SpaceX stake could show up in the results.</p> <h2><strong>Is GOOGL Stock a Good Buy?</strong> </h2> <p>Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 29 Buys and seven Holds assigned in the past three months. Furthermore, the average GOOGL price target of $323.64 indicates 4.64% upside risk.</p></div>

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<p>Alphabet's Hidden SpaceX Bet Could Deliver Another Earnings Lift</p>

- Alphabet Inc. could see an increase in its investment value due to SpaceX's recent valuation of approximately $800 billion.  
- The rise in SpaceX's value has previously contributed to Alphabet's earnings, including an $8 billion unrealized gain reported earlier this year.  
- Investors are now anticipating Alphabet's upcoming earnings report for potential gains related to its stake in SpaceX, which could positively influence market sentiment.  