đš This is officially one of the greatest venture capital plays in history.
The â Ontario Teachers' Pension Plan is sitting on a mind-blowing windfall. Back in 2019, their late-stage startup arm, Teachers' Venture Growth, made a quiet $220 million seed bet on Elon Musk's rocket company. With the $1.75 Trillion â SpaceX IPO launching on the Nasdaq, that position is set to skyrocket to a staggering ~$11.6 Billion.
The Legendary Return:
đ° The Bet (2019): $220 Million US ($300M CAD) back when Starlink was barely getting off the ground.đ The Payday (2026): Poised to lock in an up to $11.6 Billion position, making it the most successful single investment in the pension fund's history.đ The IPO Scale: At a target price of $135/share, SpaceX is tracking toward the largest public listing in history.
While retail investors scramble for allocations, Canadian teachers are literally riding Elon Muskâs rockets all the way to Mars.
$TSLA | $NVDA | $AAPL
#KOSPISuffersLargestDropSinceMarch #NYJudgePausesDormantBitcoinWalletsLawsuit #StrategyBuys1550BTC #NYFed3YrInflationExpectationsUnchanged #ElonMuskTalks
The â Ontario Teachers' Pension Plan is sitting on a mind-blowing windfall. Back in 2019, their late-stage startup arm, Teachers' Venture Growth, made a quiet $220 million seed bet on Elon Musk's rocket company. With the $1.75 Trillion â SpaceX IPO launching on the Nasdaq, that position is set to skyrocket to a staggering ~$11.6 Billion.
The Legendary Return:
đ° The Bet (2019): $220 Million US ($300M CAD) back when Starlink was barely getting off the ground.đ The Payday (2026): Poised to lock in an up to $11.6 Billion position, making it the most successful single investment in the pension fund's history.đ The IPO Scale: At a target price of $135/share, SpaceX is tracking toward the largest public listing in history.
While retail investors scramble for allocations, Canadian teachers are literally riding Elon Muskâs rockets all the way to Mars.
$TSLA | $NVDA | $AAPL
#KOSPISuffersLargestDropSinceMarch #NYJudgePausesDormantBitcoinWalletsLawsuit #StrategyBuys1550BTC #NYFed3YrInflationExpectationsUnchanged #ElonMuskTalks
