Musk and Buffett's Great Settlement of the Century? Berkshire Hathaway indirectly holds 0.04% of SpaceX shares through Google parent Alphabet

Comparative news, according to foreign media BusinessInsider reports, based on public position data estimates, Berkshire Hathaway, a subsidiary of “shareholder” Warren Buffett, indirectly holds about 0.04% of the shares in the space exploration technology company SpaceX through a “penetrating shareholding” model with two layers of nested shares, corresponding to a market value of over 700 million US dollars. This also caused a rare capital intersection between “stock god” Buffett and “Iron Man” Musk, the two top business bosses.

Musk has long regarded Buffett's investment approval as an important industry endorsement, and has publicly thrown olive branches at Buffett on social platforms many times, hoping that he will become a shareholder of his company. Musk posted an article in 2023 mocking “Unfortunately, he didn't invest when Tesla's market capitalization was only 0.1% of what it is now.” In 2024, he once again publicly stated, “He should open a position with Tesla; this is an obvious choice.” Today, although Buffett has not invested in Tesla, he has become an “invisible shareholder” of SpaceX in a different way.

Judging from the shareholding structure, this equity is not Berkshire's direct investment in SpaceX, but rather a subsidiary asset of tech giant Google's parent company Alphabet. (interface news)