Aug. 17 at 2:59 PM
$SPCX is getting a lift today as investors digest a notable institutional disclosure. Harvard Management reported on Aug. 14 that it held 12.94 million SpaceX shares as of June 30, then worth about
$2.2 billion and its largest reported U.S. equity position. That does not mean Harvard is buying today, but it highlights the scale of long-term institutional ownership. Shares are around
$147.39 today, up roughly 5.3%. After the recent rebound, I’m watching whether SPCX can keep holding above its
$135 IPO price as additional lockup releases approach.
$GOOGL is also a major institutional holder.
Not financial advice. Do your own research.