SpaceX stock made billions for college endowments. But their luck is about to run out.
Summary
University endowments reaped massive financial gains from holding significant amounts of SpaceX stock. However, these concentrated investments have left higher-education portfolios less diversified and increasingly vulnerable to potential market downturns.
Outsized positions have made many higher-education endowments less diversified and more at risk when shares slide
Source: Read the full story at MarketWatch.com - Top Stories
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