Harvard University’s investment arm revealed a $2.2bn stake in SpaceX. This is a huge payoff for an early investment made in Elon Musk’s rocket company after its public debut.
Harvard Management Company disclosed the holding in an official filing on Friday. This makes SpaceX its largest stock in the $4.3 billion U.S. equity portfolio.
This investment shows how SpaceX’s initial public offering in June, which set records, delivered substantial gains to university endowments who had invested venture capital into the company as far back as a decade.
SPACEX AND TESLA CHOOSE TEXAS TO BUILD THE LARGEST BUILDING IN THE WORLD FOR AI-CHIP MANUFACTURING
Harvard Management supervised about $57 billion by June 2025 according to the most recent publicly available figures.
Harvard University isn’t the only university that has benefited from SpaceX entering the public market.
In a recent filing, the University of California Investment arm revealed a stake in the company worth approximately $1 billion. The University of North Carolina as well as Washington University in St. Louis held similar investments.
Ticker Change Security Last Change % – DATA NOT AVAILABLE.
Harvard could own both direct shares and stocks distributed by private funds.
FOX Business requests for comments on Harvard Management Company or SpaceX were not responded to immediately.
CATHIE WOOD SAID BATTERED SPACEX COULD BECOME THE ‘MOST IMPORTANT ENTITY IN GLOBAL HISTORY.’
SpaceX is currently valued at more than $1.8 billion. Gains are coming as universities face financial pressures from a variety of factors, including uncertainty about federal funding for research, demographic shifts that reduce the number of students in college and lower returns on private equity.
Despite large university endowments, recent performances have been strong.
According to Wilshire Trust Universe Comparison Service, endowment funds that manage more than 500 million dollars returned an average 18.9% in fees-free returns in the fiscal year ending in June.
SpaceX’s shares have been fluctuating since its debut at $135 per Share. Stock fell by 0.9% to $140 on Friday.
CLICK HERE TO GET FOX BUSINESS ON THE GO
Investment managers who manage more than $100,000,000 in U.S. equity securities must generally submit the Form 13F 45 days following each end-of-quarter. This form provides a snapshot on their investments in U.S. stock exchanges.

Kettle Cuisine LLC has recalled more than 3,300 Marketside Tomato Bisque Soup Kits exclusively sold at Walmart because they may contain Listeria, says a U.S. Food and Drug Administration announcement.
The recall is for 3,240 Marketside Tomato Bisque Soup Kits of 14 ounces, with UPC 194346474004 & a Use-By Date August 22, 2026. These products were sold in select Walmarts across 29 different states between June 30 and July 7.
Kettle Cuisine announced the recall following routine testing that produced a presumed positive result of Listeria monocytogenes. According to the company, it will continue its investigation in conjunction with FDA.
The company confirmed that no illnesses have been linked to the soup.
Amazon recalls 250,000 minifridges sold following reports of fires
FOX Business contacted Kettle Cuisine to get more information on the test, whether the positive presumptive result was confirmed or if additional lots of products are currently being tested.
FOX Business reached out to Walmart as well for comment. We asked if all the affected products had been taken off the shelves, and how Walmart is informing customers that may have bought the soup.
Select Walmart stores located in Arkansas, California Colorado Connecticut Delaware Georgia Iowa Illinois Indiana Kansas Kentucky Louisiana Maryland Missouri Mississippi North Carolina New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Texas Virginia Vermont Wisconsin West Virginia and West Virginia distributed the affected products.
According to the recall announcement, consumers should not consume, serve, distribute or sell the soup. The product should be disposed of or returned to its place of purchase.
A POPULAR HAIR PRODUCT IS RECALLED NATIONALLY OVER A POTENTIAL HAZARD OF EXPLOSION
Listeria monocytogenes is a serious pathogen that can lead to fatal infections, especially in children and older adults with compromised immune systems. People with healthy immune systems may have short-term symptoms such as fever, headaches, stiffness and nausea. They can also experience abdominal pain, diarrhea, or stomach cramps. According to the recall, infection can cause stillbirth and miscarriage in pregnant women.
The announcement warned consumers not to rely solely on the smell or appearance of the product when determining whether the food is safe. The announcement said that people who handled the soup should clean their hands, and disinfect refrigerators and freezers as well as containers, utensils and countertops.
Ticker Change % WMT No Data Available -?
According to the recall announcement, anyone who consumes the recalled products and experiences symptoms of Listeriosis is advised to contact their healthcare provider.
CLICK HERE TO GET FOX BUSINESS ON THE GO
Kettle Cuisine’s hotline can be reached at 617 409 1104.

The Trump appointed national bank regulator gave conditional approval for a Trump business unit to set up a bank charter. This opens the doors to larger clients, and possibly higher profits.
This is the first time that in U.S. History a family-owned company has received bank status. Democratic legislators are concerned about potential conflicts of interests.
According to its website the Office of the Comptroller of the Currency, in a Friday letter, granted World Liberty Trust Co. the right to create stablecoin cryptocurrency linked to the U.S. Dollar.
World Liberty Financial (the listed sponsor of conditionally-approved trust) had previously depended on BitGo as a crypto company to supply a stable currency. The approval on Friday allows Trump’s family business to bypass the intermediary and offer the service directly.
Bitcoin and other digital currencies are volatile in nature, making them less attractive to large entities that conduct transactions.
The U.S. Securities and Exchange Commission says that crypto tied to stable values like the U.S. Dollar or gold can make it more appealing to large spenders. It can also be used to “make payments, send money or store value.”
This decision allows the Trump business to function as a traditional bank and issue digital currencies to customers for their transactions. The stablecoin would be exchanged for U.S. dollars, and the profits directly go to the crypto business of the Trump family.
World Liberty Financial has brought in a lot of profit for the president’s family. The company was valued at $5 billion when it went public. Major investments by individuals and countries have continued to drive the value.
According to Trump’s financial disclosures, his crypto-related ventures have generated more than $1.4billion in revenue for his business.
Anna Kelly, White House spokesperson has stated that President Obama “only acts for the American people” and that there is no conflict because his assets are in a blind-trust managed by the children. A blind trust is usually operated by an independent trustee.
Kelly stated that “President Trump’s assets are held in a trust administered by his children.” There are no conflict of interests.
In May 2025 the state-backed Abu Dhabi Investment firm MGX committed to investing another $2 billion into the company, and promised that it would use USD1 as the stablecoin of the Trump Family in order to make large crypto exchange transactions.
Later, the deal came under scrutiny after the Trump administration agreed to provide the UAE with highly-coveted American AI chips in spite of prior concerns by the administration that these could make their way to China.
Zach Witkoff, co-founder of World Liberty Financial, said, “We are grateful to Binance and MGX for the trust they have shown in us. I believe this is just the beginning.” This was after announcing the agreement, along with the son of the President, Eric Trump, at a cryptocurrency convention in Dubai.
Witkoff, the son of Steve Witkoff, the special envoy for the President to the Middle East is a prominent figure in the world.
Elizabeth Warren, D-Mass., Ranking Member of Committee on Banking, Housing and Urban Affairs, wrote a letter in January to the Comptroller urging the OCC not to approve any Trump-linked ventures. The OCC is an executive branch agency, and the President has the final say over it, even though the OCC considers itself to be independent.
Warren wrote that “for the first time ever, the President of the United States will be responsible for overseeing his financial company.”
Warren described this decision, following the OCC’s initial approval as “the most brazen self-dealing that our financial system had ever seen”.
Warren posted a message on social media saying, “I am introducing a law to end this type of corruption that is unprecedented.”
The OCC stated in a letter Friday that “the Comptroller, and his staff, acted consistent with their legal duties and ethics obligations regarding the Application.” The OCC staff evaluated this Application according to the established policies and procedures of the agency.
OCC stated that the charter application would not be approved in full until certain conditions were met. This includes increasing the capital of the company.

Tyson Foods is preparing to close the Eagle Mountain plant, which was opened only five years ago after an investment of $300 million.
The Utah Department of Workforce Services received a filing on Thursday from 723 Tyson Fresh Meats employees in Eagle Mountain who will be affected.
Tyson announced on Thursday it would cease operations in the facility that produces case-ready pork and beef as part of an overall restructuring of their beef business.
Eagle Mountain will open in 2021. Tyson had said that it would invest $300 million into the Eagle Mountain plant and expected to pay out $44million in local wages annually.
The company has been in business for five years and is now preparing to close.
Workers and their families are already feeling the impact.
A woman who was affected by the layoffs posted on Instagram to offer support to those receiving the bad news.
She wrote: “I am sorry to the hundreds of families, including ours, who lost their jobs yesterday.”
The loss of her job has caused her to seek out other ways to support her family.
She wrote: “I’m trying for our family to earn an income from social media,” From a small creator, to you, making income from social media would change our lives.
Tyson says the move is part of a consolidation of its beef operations in response to what it calls a historic shortage of cattle.
Tyson is also looking to sell its Pasco facility in Washington and will close its Joslin beef plant, Illinois.
It plans to concentrate its beef operations in Dakota City (Nebraska), Holcomb (Kansas) and Amarillo (Texas).
Tyson Foods
Tyson closes other factories but keeps Amarillo operations amid severe cow shortage
Where is the beef? Meat prices are soaring due to a shortage of cattle and high demand.
Tyson pointed to recent U.S. Department of Agriculture data on cattle inventories, which showed continued supply restrictions. The company anticipates that these will continue. The capacity from Eagle Mountain, Joslin and other plants with growth potential will be transferred.
As cattle becomes available, the company plans to increase its second shift in Amarillo.
Tyson has acknowledged that the closings of its facilities will affect workers, their communities and the company itself. It will provide support to employees in the transition period and will help them find new jobs at the other companies’ locations.
According to the Department of Workforce Services, there are 723 workers affected in Eagle Mountain.
___

The US Food and Drug Administration has raised the warning level for a massive egg recall that affects nearly 1.6 million dozen eggs. This is because officials are investigating a salmonella epidemic which has affected nearly 100 people.
On 12 August, the FDA reclassified a recall on nearly 1.6 million dozen cage-free white and brown eggs due to concerns that they could be contaminated by salmonella.
This recall has been classified as class I by the FDA, meaning that there’s a “reasonable probability” of serious health effects or even death if the product is used or exposed to.
As of 24th July, 98 individuals in 17 states were hospitalized as a result of the recall. Between 21 November 2025 to 30 June 2026, illnesses were reported.
No deaths were reported, although the FDA and Centers for Disease Control and Prevention are aware of 26 cases hospitalized in connection with this outbreak.
According to an FDA report, Midwest Poultry Services discovered the problem through “proactive monitoring of environmental conditions and root-cause analysis”. The company stopped distributing eggs fresh from Texas farms as of the 22nd July.
The recalled eggs are still a problem because the best before and sell by dates continue through August 17.
Eggs were produced and distributed in Texas to various locations in the US South and Southwest, such as food retail outlets located in Arkansas, Louisiana and Mississippi.
According to an initial recall notice, the affected eggs are available in Texas and Louisiana Kroger and Brookshire Grocery stores, as well as in Texas, Oklahoma and Arkansas Brookshire Grocery, Louisiana New Mexico, and Mississippi, as well as in “other smaller retailers.”
In the report, the specific products affected by the recall will be listed. Midwest Poultry Services had previously advised consumers to not eat the eggs that were recalled and to return them back to their place of purchase to receive a refund.
Reclassifying the recall comes at a time when the Trump Administration is dealing with a series of food-related health crises in the US.
In the US, a foodborne disease outbreak has reached a record high. The number of confirmed cases of cyclosporiasis associated with lettuce is now over 13,000! Taylor Farms has been forced to recall products in 26 states due to a salmonella outbreak linked with jalapenos.