Elon Musk’s long-standing wish involving Warren Buffett has taken an interesting turn. Musk always wanted Hathaway to be a shareholder of SpaceX, and that’s now a fact, though indirectly. Berkshire Hathaway didn’t purchase any shares directly, its ownership came through Alphabet. Alphabet owned 4% of SpaceX, valued at $94 billion, as of the end of June 2026. Hathaway held a 0.9% stake in Alphabet, which represents about 0.04% of SpaceX. This does not mean Buffett directly bought SpaceX shares, but it still gives Berkshire a link to the company.
Berkshire Hathaway has a large investment portfolio spanning several industries. Its well-known holdings include Apple, Coca-Cola, American Express, and Bank of America. The company has also invested in insurance, energy, railroads, and consumer businesses. SpaceX is different because it remains a private company, and its shares are not available for normal trading on the stock market, making Berkshire’s indirect exposure more unusual.
The investment also shows how large investors can get exposure to private companies through funds. In this case, Berkshire owns a portion of an ETF, while the ETF holds SpaceX shares. For Musk, the move has an extra layer. He has previously expressed his desire to have Buffett as a SpaceX investor. Buffett, however, has mostly stayed away from such private technology bets.
The latest holding does not mean Buffett has personally invested in SpaceX. Still, Berkshire’s connection to the company gives Musk a link to the investor he has wanted on board. Berkshire’s SpaceX exposure may be small compared with its wider portfolio. But the story stands out because of the people involved.
Musk has wanted Buffett to invest in SpaceX, and Berkshire now has some exposure to the company. It is not the direct investment Musk may have hoped for, but it brings the two names a little closer.