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Business
Harvard reveals $2.2B SpaceX stake after Elon Musk company IPO
SpaceX stock rallies following CEO Elon Musk’s reveal of the new xAI Grok 4.6 model. Siebert Financial CIO Mark Malek analyzes SpaceX’s market performance, AI competitiveness and revenue potential on ‘Mornings with Maria’.
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut.
Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its $4.3 billion portfolio of U.S. equities.
The investment highlights how SpaceX’s record-setting June initial public offering delivered significant gains for university endowments that gained exposure to the company through venture capital investments, in some cases more than a decade ago.
SPACEX AND TESLA CHOOSE TEXAS FOR AI CHIP MANUFACTURING PLANT THAT WILL BE WORLD’S LARGEST BUILDING

SpaceX’s next-generation Starship spacecraft atop its Super Heavy booster is launched on its ninth test at the company’s launch pad in Starbase, Texas, May 27, 2025. (Joe Skipper/Reuters, File / Reuters)
Harvard Management oversaw about $57 billion as of June 2025, according to the latest publicly available figure.
Harvard is not the only university investor benefiting from SpaceX’s move into the public markets.
The University of California’s investment arm disclosed a position worth roughly $1 billion in a filing this week, while the University of North Carolina and Washington University in St. Louis also held investments in the company.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| SPCX | NO DATA AVAILABLE | – | – | – |
Harvard’s position could include both shares owned directly and stock distributed to the university through private investment funds.
Harvard Management Company and SpaceX did not immediately respond to FOX Business’ requests for comment.
CATHIE WOOD SAYS BATTERED SPACEX COULD BECOME ‘MOST IMPORTANT COMPANY IN GLOBAL HISTORY’

Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX. (Scott Eisen/Getty Images, File / Getty Images)
SpaceX currently carries a valuation of more than $1.8 trillion. The gains arrive as university finances face pressure from uncertainty over federal research funding, demographic changes that are reducing the pool of college-age students and weaker returns from private equity.
Large university endowments have nevertheless delivered strong recent performance.
Endowment funds managing more than $500 million returned a median 18.9% before fees in the year ended in June, according to the Wilshire Trust Universe Comparison Service.

SpaceX currently carries a valuation of more than $1.8 trillion. (Getty Images, File / Getty Images)
SpaceX shares have fluctuated since the company debuted at $135 per share. The stock fell 0.9% Friday to close at $140.
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Investment managers overseeing more than $100 million in U.S. equities generally must submit Form 13F within 45 days after the end of each quarter, providing a snapshot of their holdings in securities traded on U.S. exchanges.
Business
Iran war commander visits USS Abraham Lincoln as carrier prepares to return home

Iran war commander visits USS Abraham Lincoln as carrier prepares to return home
Business
Stocks to Watch: Reddit, Applied Materials, Innventure
↗️ Reddit (RDDT): The social-media platform was selected to join the S&P 500 index. Shares were up 11% in midday trading.
↘️ Applied Materials (AMAT): The semiconductor-equipment maker reported higher third-quarter net income and increased revenue, but failed to impress investors. Shares ticked down nearly 6% in afternoon trading.
↘️ Innventure (INV): Innventure withdrew guidance for its Accelsius data-center liquid-cooling business, citing dynamics in the artificial intelligence infrastructure market. The stock plunged 57%.
Business
SMA Solar Technology AG 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:SMTGY) 2026-08-15
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Allstate president John Dugenske sells $8.89m in company stock

Allstate president John Dugenske sells $8.89m in company stock
Business
Avis Budget Group EVP sells $652,574 in company stock

Avis Budget Group EVP sells $652,574 in company stock
Business
Bridger Aerospace Group Holdings, Inc. (BAER) Presents at Canaccord Genuity's 46th Annual Growth Conference – Slideshow
Bridger Aerospace Group Holdings, Inc. (BAER) Presents at Canaccord Genuity's 46th Annual Growth Conference – Slideshow
Business
Chemours director Alister Cowan buys $203,060 of company stock

Chemours director Alister Cowan buys $203,060 of company stock
Business
Cdw chief commercial officer Connelly sells $3.67m in stock

Cdw chief commercial officer Connelly sells $3.67m in stock
Business
Zebra Technologies CSO Michael Cho sells $1.31m in stock

Zebra Technologies CSO Michael Cho sells $1.31m in stock
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