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Market Impact: 0.18
SpaceX Stake Helps Drives 37.3% Return for Washington University
Source: Bloomberg
Private Markets & VentureCompany Fundamentals
Washington University’s nearly decade-old investment in Elon Musk’s rocket company added more than $2 billion to its endowment’s value, making it one of the institution’s largest investment contributors this year. The result highlights the substantial gains available from long-duration private-company investments, though the news has limited broader public-market impact.
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