Harvard's SpaceX stake dwarfs its U.S. equity portfolio after IPO
Harvard Management Co. disclosed a $2.2 billion SpaceX stake as of June 30, 2026, about 12.9 million shares and more than half of its disclosed U.S. equity portfolio, following SpaceX's IPO that pushed the company’s estimated value to around $1.85 trillion; Alphabet is also a major SpaceX holder, and readers should note the difficulty of distinguishing pre-IPO positions from post-IPO shares as more disclosures roll out.