$2.2 billion of SpaceX stock appeared in Harvard Management Co.'s latest 13F, making the rocket company the largest disclosed position in Harvard's $4.3 billion U.S. equities portfolio.
The filing shows how Harvard's endowment has cashed in on an early SpaceX bet after the company's June IPO, which valued it at more than $1.8 trillion.
Harvard oversaw $57 billion as of June 2025, and the SpaceX gain arrives as universities face pressure from threatened federal research funding, demographic enrollment headwinds and weak private-equity returns.
Other schools have also benefited: the University of California reported about a $1 billion SpaceX position this week, while UNC and Washington University in St. Louis were also cited as investors.