In the fiscal year ending June, the University of North Carolina Endowment Fund achieved a return of 37.8%, outperforming similar institutions by investing in SpaceX. This performance was double the median return of 18.9% before Wilshire Trust's global comparison service estimated the cost of an endowment fund exceeding $500 million over the same period. The University of North Carolina Endowment Fund still holds more than 1 billion US dollars worth of SpaceX shares. This investment income will help the school ease the financial pressure brought about by cuts in federal research funding and declining student numbers.

In the fiscal year ending June, the University of North Carolina Endowment Fund achieved a return of 37.8%, outperforming similar institutions by investing in SpaceX. This performance was double the median return of 18.9% before Wilshire Trust's global comparison service estimated the cost of an endowment fund exceeding $500 million over the same period. The University of North Carolina Endowment Fund still holds more than 1 billion US dollars worth of SpaceX shares. This investment income will help the school ease the financial pressure brought about by cuts in federal research funding and declining student numbers.