Harvard discloses $2.2 billion stake in SpaceX following blockbuster IPO

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Harvard University revealed a $2.2 billion position in SpaceX, now trading under the ticker SPCX. The disclosure came after SpaceX’s IPO on June 11, with shares priced at $135 and the company valued at approximately $1.8 trillion. Harvard’s stake stems from pre-IPO positions that were converted into tradable shares at listing. BlackRock also appears in recent filings with a significant SPCX position. The dual-class share structure preserves founder Elon Musk’s outsized voting control.

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