Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeInvestorNewsCanada’s PSP Investments reveals small stake in Musk’s SpaceXSpaceX share values have tumbled from their peak in June following its IPOAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.SpaceX completed the largest-ever initial public offering in June and finished its first day of trading with a market capitalization of more than US$2 trillion. Photo by Justin Sullivan/Getty ImagesCanada’s Public Sector Pension Investment Board said it’s an investor in Elon Musk’s SpaceX, holding 100,000 shares at the end of June.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe small stake was revealed in a filing by the $321 billion fund, which manages retirement money for government employees such as the Canadian military and the Royal Canadian Mounted Police.SpaceX completed the largest-ever initial public offering in June and finished its first day of trading with a market capitalization of more than US$2 trillion, but the shares have tumbled since then.Ontario Teachers’ Pension Plan, another member of the so-called Maple Eight of large Canadian pension funds, held about 50.7 million shares of SpaceX as of June 30, according to public filings and data compiled by Bloomberg. The stake was valued at US$8.7 billion at the time. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.