Alphabet's $150 billion in venture investments from SpaceX and Anthropic bets are finally paying off, ending years of Wall Street criticism of its experimental divisions.

Alphabet has accumulated $150 billion in overlooked venture capital investments through its 'Other Bets' division

Long-term bets in space exploration (SpaceX) and artificial intelligence (Anthropic) are maturing and generating value

Wall Street previously dismissed the experimental segment as an unprofitable capital drain, but expert Christopher Davis argues these assets were undervalued

The revelation signals a major financial shift for Alphabet as its speculative investments begin showing returns