Elon Musk finally has Warren Buffett as a shareholder -- sort of

Warren Buffett’s Berkshire Hathaway has gained an indirect stake in SpaceX, after Alphabet disclosed it owned about 4% of SpaceX as of June 30. Using “look-through stake” calculations reported by Business Insider, Berkshire’s proportional interest is about 0.04%, valued at over $800 million—though it was closer to $700 million at Tuesday’s market close following declines in both Alphabet and SpaceX. Berkshire previously reported roughly a 0.9% stake in Alphabet, worth about $38 billion in its second-quarter portfolio update. Alphabet’s SpaceX holding was valued at about $94 billion then.