That's the stake that Harvard University's endowment fund holds in SpaceX, according to a Friday securities filing. It amounts to roughly 12.9 million shares.
That's a much bigger investment than in other major tech companies, the document showed: By comparison, Harvard Management has a roughly $350 million stake in Taiwan Semiconductor Manufacturing and $234 million worth of Amazon shares.
The filing doesn't say when Harvard acquired its SpaceX stake. The shares of Elon Musk's rocket, internet and AI company have swung wildly since their public debut in June, and closed 3.7% above their IPO price on Friday.
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