Education
SpaceX Stake Helps Drives 37.3% Return for Washington University
Key Points
An investment in Elon Musk’s rocket company almost a decade ago helped add more than $2 billion in value to Washington University’s endowment, turning a relatively small bet into one of the biggest contributors to the school’s investment gains this year.
An investment in Elon Musk’s rocket company almost a decade ago helped add more than $2 billion in value to Washington University’s endowment, turning a relatively small bet into one of the biggest contributors to the school’s investment gains this year.