Harvard and other university endowments reap billions from 18-year SpaceX bets
创业邦 · wechat · 2026-08-17
After SpaceX's IPO, Harvard's endowment holds 12.9351 million shares worth $2.21 billion, its largest holding. Harvard entered early between 2008-2018, with paper gains exceeding $450 million at IPO price. UNC and Washington University in St. Louis also gained significantly. The article analyzes the 'ultra-long-term' investment strategy of university endowments and how SpaceX's cost advantage underpinned its long-term value.
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