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Harvard's endowment jumps 27.1% in FY 2026, boosted by $2.2B SpaceX stake despite federal funding threats.

Market News
15 Oct 2026
CNBC
View Source
Bullish
Harvard's endowment jumps 27.1% in FY 2026, boosted by $2.2B SpaceX stake despite federal funding threats.

Harvard University's endowment grew by 27.1% in fiscal year 2026, reaching nearly $68 billion, its best return in five years. This strong performance was driven largely by a $2.2 billion investment in SpaceX, making it Harvard's largest holding. Despite this growth, the university faces challenges including a 19.5% drop in federally-sponsored research revenue and a significant increase in federal excise tax on investment income, expected to cost around $300 million annually. Harvard's leadership remains optimistic about the institution's future despite these financial headwinds.

Harvard University's endowment surged 27.1% in fiscal 2026, reaching nearly $68 billion, boosted by its top holding SpaceX. For readers following technology-sector stocks, here is Pluang's market snapshot as of Oct 16, 2026 02:21 WIB: out of 150 priced US technology stocks, 98 rose and 52 fell. Notable movers include MNDY at USD 94.19 (+7.68%), AXTI at USD 57.34 (-6.90%), and FIVN at USD 35.33 (+6.80%).

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