Others that have profited include the University of California’s investment arm as well as the University of North Carolina and Washington University in St. Louis.

Elon Musk increases his SpaceX stake to 48.4%, valued at $908B. Tesla-SpaceX merger announcement by December 31 at 17.5% YES.

The rockets-to-AI company went public on June 12 after a record-setting IPO thatraised $85.7 billion and vaulted the company's market cap past $2 trillion. However, its…