Friday, October 16, 2026
Personal Finance

Harvard's Investments Grow Big Thanks to SpaceX

Harvard's large investment fund saw strong growth, largely helped by its stake in Elon Musk's rocket company, SpaceX.

Harvard University's special fund made a big jump last year. The fund, which helps pay for the school, grew by 27%. This is the best growth it has seen since 2021.

A key reason for this success is SpaceX. Elon Musk owns this company. SpaceX builds rockets and offers internet from space. Harvard holds a lot of stock in SpaceX, making it a top investment.

This growth means Harvard has more money to support its work. It helps students, teachers, and important research. Strong investments like these keep the university moving forward.

Source: CNBC

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