Harvard Invests Billions in Elon Musk's SpaceX

Harvard University manages a lot of money. Its fund managers recently shared a big secret. They invested $2.2 billion in SpaceX, Elon Musk's rocket company.

This news shows how smart investments can grow. University funds often put money into new companies early on. SpaceX has been a top performer. This helps schools earn more money for their programs.

Harvard's bold move highlights a trend. Big investors see a future in space exploration. They believe in companies pushing new technology. This investment could mean more growth for SpaceX.

For you, this means watching where smart money goes. Big universities often invest in cutting-edge companies. These choices can show what industries are growing fast.

Source: Fox Business