Many college and university endowments saw their values surge, gaining billions largely due to large stakes in SpaceX, Elon Musk's rocket company that went public recently. This has made these endowments less diversified and more vulnerable to potential declines in SpaceX's stock price. Despite Musk's criticism of higher education funding, his company has ironically boosted the financial health of these institutions. The risk now is that if SpaceX shares fall, these endowments could face significant losses.
As of Oct 19, 2026 23:51 WIB, SpaceX stock trades at USD 148.84 on Pluang, showing a 1-day gain of 1.92%. The company holds a significant market cap of $1.98 trillion, reflecting its major role in the industrial sector. This strong valuation underscores the scale of exposure college endowments have to SpaceX's stock, which could impact their financial stability if prices shift.
AST SpaceMobile's stock rose 4% after Europe's four largest wireless carriers signed a letter of intent to explore a joint bid for mobile satellite services spectrum. This move could expand AST's BlueBird satellite network, which currently has 13 sat...
Elon Musk announced he will donate one SpaceX share to every child in America next year, potentially distributing over $10 billion worth of stock based on current prices. With over 70 million children in the U.S., the total value could rise significa...
Elon Musk announced he will give one SpaceX share to every child in the U.S. next year, totaling about $10.5 billion in shares. Musk owns approximately 4.8 billion shares, which represents nearly half of the company. With 72 million children under 18...
Bernstein confirmed its Buy rating and $248 price target for SpaceX, anticipating a 70% upside from the last close of $146. This optimism is based on Starlink's projected $64 billion revenue by 2031 and strong Q3 revenue growth expected at $12.89 bil...
SpaceX could offset losses from rockets and AI if it captures just 1% of the phone market, with business and government revenue growing faster than consumer sales. Tesla benefits from rising gas prices, which act as a stronger incentive than the EV t...
