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Ontario Teachers' Pension Plan (Teachers' Venture Growth)
Canada / Global
June 5, 2026
"Ontario Teachers' Pension Plan invested $300 million in SpaceX in 2019. The investment is projected to be worth up to $11.6 billion following the upcoming SpaceX IPO. The pension fund has made multiple follow-on investments since the initial stake. The fund is considering long-term growth potential rather than an immediate exit."
Author: Eric Berger
This book provides a detailed account of SpaceX's early struggles and its evolution into a dominant force in the aerospace industry, helping readers understand the long-term value proposition that attracted institutional investors like the Ontario Teachers' Pension Plan.