SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan

The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX. According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space […] The post SpaceX IPO set to provide massive $11.6B windfall for teacher pension plan appeared first on TESLARATI.