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Blame SpaceX for Most of Google’s Shocking Earnings Miss — And Brace for More

Oct 29, 2026 · 12:53 PM ET· updated 37m ago
Blame SpaceX for Most of Google’s Shocking Earnings Miss — And Brace for More

Alphabet's $8.7 billion paper loss cut EPS by 55 cents as SpaceX shares fell, with further valuation swings threatening Q4 earnings.

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Why It Matters

Google's earnings look worse because SpaceX stock dropped in value. When a company owns pieces of other companies, their value can swing around and affect the numbers.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.