Harvard University in the United States was reported to have invested in the aerospace and artificial intelligence (AI) corporation SpaceX.
On the 16th (local time), according to Fox News and other foreign media, Harvard Management Company, which manages Harvard's endowment, said in a quarterly report that it owns 12,935,100 shares of SpaceX.
According to the report, the value of Harvard's SpaceX equity was about $2.2 billion (about 3.112 trillion won) as of June 30. Considering that the stock price has steadily fallen since the listing, the current equity value is seen reaching $1.8 billion (about 2.55 trillion won).
Harvard Management Company reports its listed securities holdings to the U.S. Securities and Exchange Commission (SEC) within 45 days after the end of each quarter. Because SpaceX listed on June 12, investments made when it was a private company were reportedly not included in the quarterly reports.
In particular, SpaceX was reported to account for the largest share among Harvard's stock holdings. Harvard holds a total of $4.3 billion (about 3.097 trillion won) in stocks, including TSMC and Cerebras. It also holds cryptocurrencies such as bitcoin and precious metals.
Meanwhile, Musk has criticized Harvard multiple times over the past few years. Given the strained relationship between the two sides, the fact that Harvard invested this amount in SpaceX draws attention.
In Dec. 2023, when former Harvard President Claudine Gay took a lukewarm stance regarding the campus atmosphere of antisemitism at a U.S. House Education Committee hearing, Musk said, "Halting funding to Harvard is the only way."
Musk also signaled agreement by retweeting posts when criticism poured in over Harvard's adherence to DEI (Diversity, Equity, Inclusion) admissions and hiring policies.