Benzinga
19 Aug 2026, 05:39 UTC · 3h ago
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Harvard Management Co. disclosed a $2.2 billion stake in SpaceX, making it the university's largest disclosed public holding. — High-profile institutional backing from a major endowment validates the company's valuation and long-term growth prospects.
+0.60SpaceX successfully recovered the Starship rocket from the Indian Ocean nearly 24 days after its 13th flight test. — Successful recovery allows for critical hardware analysis to improve future iterations of the Starship program.
+0.30SpaceX set a new record for the shortest time between orbital flights by launching two Falcon 9 rockets just 38 minutes apart. — Demonstrates increased launch cadence and operational efficiency, enhancing the company's competitive advantage in the launch market.
+0.20Which stocks this story touches
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The company successfully recovered a Starship rocket and set a new record for the shortest time between orbital flights.
Mentioned in the context of a potential upcoming Roadster demo and convergence with SpaceX.
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