Harvard makes massive $2.2B SpaceX bet on Elon Musk's rocket company
Harvard University has disclosed a $2.2 billion stake in SpaceX, the rocket company founded by Elon Musk. This investment follows SpaceX's recent valuation surge and public debut. The stake is one of the largest investments by a university endowment in a private company.
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- β Harvard University has a $2.2 billion stake in SpaceX.
- β SpaceX has been valued at $1.8 trillion.
- β The University of North Carolina's endowment has also invested in SpaceX, producing a $1 billion gain.
What changed
Harvard University disclosed its $2.2 billion stake in SpaceX, providing details about its investment.
Live updates
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Harvard invests $2.2B in SpaceX
Harvard University has disclosed a $2.2 billion stake in SpaceX, the rocket company founded by Elon Musk. This investment follows SpaceX's recent valuation surge and public debut. The stake is one of the largest investments by a university endowment in a private company.
Why it matters
Harvard's investment in SpaceX is significant as it shows the growing interest of institutional investors in private space companies. SpaceX has been valued at $1.8 trillion after its recent public debut. University endowments like Harvard's are increasingly looking for alternative investment opportunities.
What is confirmed
- Harvard University has a $2.2 billion stake in SpaceX.
- SpaceX has been valued at $1.8 trillion.
- The University of North Carolina's endowment has also invested in SpaceX, producing a $1 billion gain.
What to watch next
- SpaceX's future funding rounds
- Harvard's future investment disclosures
confidence 90%Sources used for this update (12)
- Fox Business β Harvard makes massive $2.2B SpaceX bet on Elon Musk's rocket company
- Business North Carolina β SpaceX produces $1B gain for UNC endowment, with more to come
- Bloomberg.com β Harvard Fund Discloses $2.2 Billion Stake in Muskβs SpaceX
- Crypto Briefing β Harvard discloses $2.2 billion stake in SpaceX following blockbuster IPO
- briefs.co β UNC Endowment's Long-Ago SpaceX Stake Drives 30% Return
- Bloomberg Law News β A SpaceX Bet Shows Colleges Winning From Early-Stage Investments
- Pluang β Harvard reveals $2.2B stake in SpaceX after its $1.8T valuation and public debut surge.
- The Harvard Crimson β Harvard Discloses $2.2 Billion SpaceX Stake After Record IPO | News
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