President Donald Trump on Sept. 29 launched America.gov, a chatbot meant to help Americans find federal information and services without jumping between agency websites. The rollout drew major tech leaders to the White House, including Anthropic CEO Dario Amodei, OpenAI President Greg Brockman, Amazon.com (AMZN) founder Jeff Bezos, Elon Musk, and Alphabet Inc. (GOOGL) CEO Sundar Pichai. Trump said he would “never stifle” AI, while Secretary of State Marco Rubio said the site could eventually let users apply for a first passport online.
America.gov has already raised some eyebrows. When the Associated Press asked who won the 2020 election, the chatbot said federal sources do not show that widespread fraud changed the result. It also identified the Pentagon as the headquarters of the Department of Defense. During the launch event, however, the chatbot began declining questions it classified as political.
The rollout puts Alphabet, which develops Gemini, and SpaceX (SPCX), whose SpaceXAI business includes Grok, into focus. America.gov reportedly uses models from both companies, giving investors another reason to weigh their AI prospects and growth potential.
Which stock offers the better mix of growth, financial strength, valuation, and risk? Let’s find out.
Alphabet
Alphabet is bringing Gemini into more of its products, including Search, Gmail, Pixel phones, and Google Cloud. The company is not selling Gemini as a separate tool alone. It is using it across products that people already use every day. Google’s new Gmail features include email summaries and writing help for more than 3 billion users. Gemini is also a major part of Google’s Pixel 11 phones.
Wall Street remains positive on Alphabet despite the stock’s 16.57% drop from its 52-week high of $408.61, reached in May. The stock is still up 39.69% over the past 52 weeks and 8.92% so far this year.
The business is still growing at a solid pace. Alphabet's second-quarter revenue rose 24% from a year earlier to $119.8 billion, above Wall Street’s $117 billion estimate. Google Cloud revenue grew 63% in the previous quarter. Alphabet also launched Gemini 3.8 Flash on Sept. 2 for longer and more complex work, followed by Gemini 3.8 Live on Sept. 20, which supports real-time voice interaction and 97 languages.
Alphabet has the money to keep spending heavily on its AI plans. The company lifted its 2026 capital spending outlook to $195 billion to $205 billion from $180 billion to $190 billion, largely to build more data centers and develop its own chips. Management has called the next Gemini model “ambitious”, signaling that it plans to keep competing hard with other major AI developers.
Analysts are optimistic about Alphabet, with all 53 surveyed giving the stock a consensus “Strong Buy” rating. The average price target of $432.37 suggests 26.82% upside from current levels.
SpaceX
SpaceX is getting another chance to show where Grok could fit into government services through America.gov. The company bought Elon Musk’s xAI in February, adding Grok, X, and the Colossus data center to a business already built around rockets, Starlink, and government work.
SPCX is down 13.43% from its all-time high of $172.40, reached three months ago, soon after it started trading. Still, the stock has gained 5.47% over the past month.
SpaceX’s second-quarter revenue rose 92% from a year earlier to $7.8 billion. Adjusted EBITDA increased 191% to $3.5 billion, while its net loss narrowed to $541 million from $1 billion a year earlier. AI brought in $2.56 billion during the quarter, or about one-third of revenue, while Starlink remained the company’s biggest business with $4.29 billion in revenue.
Grok is also starting to gain users. Grok Bot had 418,000 users as of Sept. 14, after entering beta on Aug. 11. SpaceX is expanding access through paid SuperGrok and Cursor plans. Its $60 billion purchase of Cursor added a software business with $4 billion in annual recurring revenue, giving it another way to sell AI tools to businesses.
Government work is another important part of the story. SpaceX already works with NASA and the Pentagon, and its government and military deals, including Starshield, are expected to bring in about $7 billion in 2026 revenue. America.gov may not move the revenue needle on its own, but it shows the Trump administration is willing to use Grok alongside Gemini in federal services.
Analysts remain positive on the space and AI company, with all 37 surveyed assigning it a consensus “Moderate Buy” rating. The average price target of $219.46 suggests 47.05% upside from current levels.
Conclusion
Alphabet looks like the better buy for most investors. Its AI push is already supported by a massive, profitable advertising and cloud business, giving Gemini plenty of distribution and Alphabet the financial capacity to keep investing. GOOGL shares appear more likely to trend steadily higher as AI features deepen engagement across Search, Cloud, and consumer products. SpaceX offers more upside on paper, and Grok’s role in America.gov could strengthen its government AI credentials. Still, SPCX remains the more speculative choice given its short trading history, ongoing losses, and heavier reliance on ambitious execution.
