Alphabet stock recorded its worst-ever day on Thursday, dropping 12.29 percent by close of day; Alphabet is the owner of Google, among other companies. The drop came despite the very strong revenue growth Google reported in a Q3 earnings call.

It was the largest single-day drop for Google stock, according to Yahoo Finance, and the decline erased almost $500 billion in value in a matter of hours. Per Yahoo, it was also the second-largest one-day loss ever recorded for a company listed in the United States. The sums involved are truly astronomical.

To put $500 billion in perspective: If you stacked $5 billion worth of $100 bills on top of each other, the resulting tower would rise above the atmosphere and about 90 miles beyond the International Space Station. Or, put it like this: If you spent $1 million every day, it would take you 1,369 years to spend $500 billion.

As one of the world's largest companies by market value, the impact extended far beyond Google, affecting other tech stocks; moreover, the Dow Jones, S&P 500, and Nasdaq all experienced losses overall on Thursday, per Yahoo.

Google's third-quarter earnings filing revealed that the company faces significantly more risk than it discussed in its Q3 earnings call, according to Bloomberg . 5 billion in possible commitments. The discrepancy showed just how much exposure Google has if the AI spending spree — which you can imagine as a giant, slowly expanding bubble — fails to deliver.

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