Harvard Endowment Sees 27.1% Return Driven by AI and SpaceX Investments
UKPulse Money Desk
Harvard University's $68 billion endowment fund achieved a 27.1% gain, marking its second-best annual performance on record, primarily due to investments in AI and SpaceX.
- Harvard's endowment fund, valued at $68 billion, saw a 27.1% return.
- This performance is the second-best annual result on record for the fund.
- The gains were attributed to investments in AI and SpaceX, and a rebound in private capital holdings.
Harvard University's endowment fund has reported a significant 27.1% return, bringing its total value to $68 billion. This performance represents the fund's second-best annual result on record.
The strong gains were largely driven by the fund's private capital holdings, specifically investments in artificial intelligence (AI) and SpaceX.