Harvard Endowment Discloses $2.2 Billion SpaceX Stake
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9 Articles
Harvard endowment discloses $2.2 billion SpaceX stake
Harvard University’s endowment has disclosed a $2.2 billion stake in SpaceX, making Elon Musk’s aerospace and technology company the largest single stock holding in the university’s publicly reported U.S. equity portfolio. Harvard Management Company, which manages the university’s endowment, reported holding about 12.94 million SpaceX shares as of June 30, according to its latest 13F filing. The filing showed about $4.3 billion in total U.S. equ…
It has been reported that Harvard University has invested in the aerospace and artificial intelligence (AI) company SpaceX. According to foreign media outlets such as Fox News on the 16th (local time), Harvard Management Company, which manages the university's endowment, stated in its quarterly report that it holds SpaceX stock
(Los Angeles = Yonhap News) Correspondent Kim Kyung-yoon = It has been confirmed that Harvard University, a prestigious U.S. institution, has invested in the aerospace and artificial intelligence (AI) company SpaceX.
Harvard Management Co., the entity responsible for managing Harvard University's endowment, announced a stake worth over $2.2 billion in SpaceX, the space exploration, satellite, and artificial intelligence company founded by Elon Musk. According to its quarterly report filed with the SEC, this investment makes SpaceX the largest equity holding in the institution's U.S. portfolio. The acquisition includes approximately 13 million shares of Space…
SpaceX, Elon Musk's aerospace company, has become one of the most attractive companies for investors since making its stock market debut in the U.S. market, attracting even entities such as Harvard and asset management offices in various countries. Recently, Harvard Management revealed that it has a $2.2 billion stake in the company of the richest man in the world, representing around 12.94 million shares.
The university reported a position of nearly 13 million shares in the aerospace company. The investment represents more than half of its US stock portfolio.
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