JUST IN: GOOGLE $GOOGL JUST ANNOUNCED AN $80 BILLION CAPITAL RAISE TO BUILD AI INFRASTRUCTURE
And Berkshire Hathaway $BRK.B is writing a $10 billion check to get in.
Here's the full breakdown:
THE DEAL:
- $30B in underwritten public offerings
- $40B through an at-the-market stock program starting Q3 2026
- $10B private placement to Berkshire Hathaway
THE BERKSHIRE PIECE:
- $5B in Class A Common Stock at $351.81 per share
- $5B in Class C Capital Stock at $348.20 per share
- Berkshire has been building this position since Q3 2025
THE PURPOSE:
- Scale AI compute infrastructure to meet "unprecedented customer demand"
- Approximately $30B of the ATM proceeds will cover 2026 employee equity tax obligations
- Remaining proceeds go directly to AI infrastructure buildout
SpaceX is such a bad ass company. In their IPO filing, they wrote this:
• The first private company to develop and launch a liquid-fuel rocket to reach orbit (2008)
• The first private company to successfully dock a private spacecraft with the International Space Station (2012)
• The first to successfully propulsively land (2015) and refly orbital-class rocket boosters (2017)
• The first to begin deploying a large-scale LEO broadband satellite constellation (2019);
• The first private company to transport astronauts to orbit, returning America's ability to fly astronauts to and from the International Space Station (2020)
• The first to manufacture consumer-grade phased-array user terminals at scale (2022);
The first to deploy a large-scale LEO satellite-to-mobile constellation (2025)
• The first to build a gigawatt-scale Al training cluster and largest coherent supercomputer (2026)
• The first gigawatt-scale Megapack battery installation (2026); and
• The only company capable of building orbital AI compute at scale.
BOOM.