This "Magnificent Seven" Stock Will Be a Big Winner from the SpaceX IPO (Hint: It's Not Tesla) [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
The world's richest person founded SpaceX and runs Tesla. Musk will soon pad his enormous wealth even more. SpaceX plans to go public in the next few months at a valuation reported to be near $2 trillion. Musk won't be the only early investor to make a lot of money from the space technology company's IPO. One "Magnificent Seven" stock will also be a big winner. But it's not Tesla. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. A smart bet Although Musk has a personal stake in SpaceX, Tesla hasn't invested in the company. However, Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) made a smart early bet on SpaceX that's about to pay off big-time. In 2015, Alphabet (then named Google) invested around $900 million in SpaceX, alongside Fidelity (NYSE: FNF) . At the time, Space
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