AMD and Harvard Reveal Major Stakes in SpaceX Following IPO

AMD has reported ownership of 3.3 million Class A shares in SpaceX through a recent SEC filing, marking a significant institutional investment in Elon Musk’s aerospace venture. This disclosure follows SpaceX's initial public offering (IPO) on June 12, 2026, where shares were priced at $135 each, raising approximately $75 billion.

AMD's stake, valued at around $445.5 million based on the IPO price, represents a modest portion of SpaceX's total offering. The filing did not specify when AMD acquired the shares or at what price, leaving open the possibility that the actual cost basis could be lower than the IPO valuation.

In a related development, Harvard University disclosed a $2.2 billion stake in SpaceX, which is now publicly traded under the ticker SPCX. This position reflects Harvard's long-term investment strategy, as the university's endowment had built a substantial pre-IPO stake in SpaceX during its years as a private company.

The IPO transformed these private holdings into publicly tradable equity, allowing institutional investors like Harvard and BlackRock to capitalize on their investments. Harvard's entry price is likely significantly lower than the current market valuation of SpaceX, which stands at approximately $1.8 trillion.

Both AMD and Harvard's investments highlight the growing interest and confidence among institutional investors in SpaceX's future growth. Investors are encouraged to monitor AMD's subsequent SEC filings for any changes in its position and any public statements that might clarify the commercial relationship between AMD and SpaceX.