Reports published November 6 put Alphabet’s third-quarter 2026 holdings at 2,976,982 Qualcomm shares valued at about $547.9 million, and 555.04 million SpaceX shares, as of September 30. iProUP reported the precise figures; Reuters separately reported a Qualcomm position worth nearly $548 million and an increase in Alphabet’s SpaceX share count.
| Company | Shares reported at September 30, 2026 | Reported position value |
| Qualcomm | 2,976,982 | About $547.9 million, using $184.04 per share |
| SpaceX | 555.04 million | About $68.6 billion, using $123.62 per share |
SpaceX’s reported share count increased
The reported SpaceX position rose from about 551.2 million shares to 555.04 million, a difference of roughly 3.84 million shares. Reuters also reported the increase, rounding the later count to about 555 million.
Position value and purchase cost measure different things
The figures are valuations of the reported holdings using per-share reference prices. They do not say how much Alphabet paid to acquire the shares. The distinction matters when comparing a position’s value at a reporting date with an investment’s cost over time.
A reported holding value is a snapshot valuation, not a record of what the shares cost to buy.
iProUP also reported an $8.7 billion accounting loss tied to SpaceX depreciation during the quarter and said Alphabet’s initial SpaceX investment was $900 million in 2015. A loss for one quarter describes that period; on its own, it does not establish the overall gain or loss across the investment.
A separate report described restrictions on SpaceX share sales
In a July 28, 2026 report, The Motley Fool said $14.1 billion worth of Alphabet’s SpaceX shares were subject to restrictions preventing their sale until 2027.
