Mar 5, 8:35AM EST This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. ​ Prykhodov / iStock Editorial via Getty Images Alphabet Musk has always gone big on technology, and he believes the industry will continue expanding. Despite the recent rally, Musk thinks Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) looks attractive. The stock has gained 77% in the past year and is trading for $303. Musk mentioned that the company has laid the groundwork for value creation in terms of an AI standpoint. X already has a partnership with Google to market X’s services. As more users engage with X on the platform, the more money Google can make from the partnership. Alphabet launched the Gemini 3 AI model, which was well received, and it is also working on chips that are seeing strong demand. Google is also one of the largest investors in SpaceX and had an investment of about $900 million in 2015. Additionally, there’s Tesla’s rival, Waymo, which is in the robotaxi race. It operates fully autonomous ride-hailing services in 5 cities and has identified 12 cities for expansion. Tesla hasn’t managed to expand its robotaxi outside of Austin and has a limited fleet of fully autonomous vehicles. On the other hand, Waymo has managed to ramp up its fleet and is aiming to expand to 26 cities by the end of the year. The company has announced a $180 billion spending plan for capital expenditures this year, about double the amount it invested in 2025. Alphabet has seen tremendous growth in the Google Cloud segment driven by the demand for AI products. Its cloud segment revenue jumped 48% year over year to $17.7 billion. Overall, the fourth-quarter results beat estimates in the top line and bottom line, setting Alphabet up for another magnificent year. I think the stock has the potential to continue the rally this year.