Elon Musk has wanted Warren Buffett as a shareholder for years. His wish has finally come true, in a sense.<\/p>\n
As of June 30, Buffett's Berkshire Hathaway indirectly owned about 0.04% of SpaceX, a stake worth over $800 million, according to Business Insider's calculations.<\/p>\n
This "look-through stake" \u2014 a term coined by Buffett \u2014 is based on Berkshire owning part of Alphabet, which in turn owns part of SpaceX.<\/p>\n
Berkshire reported a roughly 0.9% stake in Alphabet, worth about $38 billion, in its second-quarter portfolio update on Friday.<\/p>\n
Alphabet revealed in its portfolio filing that it owned about 4%, or $94 billion worth, of SpaceX on June 30.<\/p>\n
Berkshire's stake in Alphabet represents a proportional claim on Alphabet's assets, including its SpaceX holding.<\/p>\n
Its piece of the $94 billion position was worth about $815 million at the end of June, but closer to $700 million at Tuesday's market close, following share-price declines for both Alphabet and SpaceX this quarter.<\/p>\n
That's a tiny financial interest for Berkshire, which owned about $1.3 trillion of assets at the end of June, including $324 billion of stocks.<\/p>\n
But Alphabet's stake in SpaceX is worth about $79 billion today, or roughly 2% of Alphabet's market value, making it a material asset for the search, advertising, and AI giant. Berkshire will be monitoring the holding closely, given how much money it has riding on Alphabet.<\/p>\n
Take a smarter break in your day – and see how far you get.<\/p>\n
Buffett \u2014 who stepped down as CEO at the turn of this year, but remains Berkshire's chairman and largest shareholder \u2014 established the Alphabet stake during the third quarter of 2025. Less than 12 months later, on June 30, Berkshire counted Alphabet as its third-biggest stock holding after Apple and American Express.<\/p>\n
Tesla, SpaceX, and Berkshire didn't immediately respond to requests for comment from Business Insider.<\/p>\n
Musk, the CEO of Tesla and SpaceX, has been clamoring for Buffett's backing on X for years.<\/p>\n
"He should take a position in Tesla. It's an obvious move," Musk posted in 2024.<\/p>\n
"Too bad he didn't invest in Tesla when it was 0.1% of today's value lol," Musk wrote in 2023.<\/p>\n