Berkshire Hathaway's (BRK.A, BRK.B) second 13F filing of the Greg Abel CEO era came with a big surprise in a massive expansion of its Alphabet (GOOG) stake.
Warren Buffett's investing juggernaut raised its position by 83% to nearly 106 million shares worth $38 billion, making Google's parent its third-largest stock holding behind Apple (AAPL) and American Express (AXP).
Tucked inside that Alphabet bet is an unexpected connection to Elon Musk's ****** eX (SPCX).
Buffett never invested in ****** eX or Tesla (TSLA), despite Musk courting his backing for years.
On the flip side, Alphabet has been a major investor in ****** eX since 2015, and as of June 30, it owned nearly 4% of ****** eX, a position valued at $94 billion, according to Reuters.
#SpaceX #position #berkshire
Warren Buffett's investing juggernaut raised its position by 83% to nearly 106 million shares worth $38 billion, making Google's parent its third-largest stock holding behind Apple (AAPL) and American Express (AXP).
Tucked inside that Alphabet bet is an unexpected connection to Elon Musk's ****** eX (SPCX).
Buffett never invested in ****** eX or Tesla (TSLA), despite Musk courting his backing for years.
On the flip side, Alphabet has been a major investor in ****** eX since 2015, and as of June 30, it owned nearly 4% of ****** eX, a position valued at $94 billion, according to Reuters.
#SpaceX #position #berkshire
14 hours ago