Harvard fund discloses $2.2 billion stake in Musk’s SpaceX

Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, showing how the university’s endowment has profited from an early bet on Elon Musk’s giant rocket company.

Harvard reported it holds the position in its 13F filing on Friday, revealing it’s one of the largest endowment holders of the stock. Space Exploration Technologies Corp. is the largest single stock disclosed in the filing, which shows Harvard held $4.3 billion of US equities. Harvard oversaw $57 billion as of June 2025, the latest publicly available figure. 

SpaceX’s record-breaking initial public offering in June has boosted returns for college endowments that made investments through venture capital firms, sometimes more than a decade ago. 

Others that have profited include the University of California’s investment arm, which reported in a filing this week a ...