{"id":746389,"date":"2026-06-19T09:27:13","date_gmt":"2026-06-19T09:27:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/746389\/"},"modified":"2026-06-19T09:27:13","modified_gmt":"2026-06-19T09:27:13","slug":"nippon-lifes-early-spacex-bet-may-deliver-billions-in-profit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/746389\/","title":{"rendered":"Nippon Life&#8217;s early SpaceX bet may deliver billions in profit"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/finance\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Finance<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">For over 10 years Nissay has had a stake in Musk&#8217;s rocket company, whose market value is $2.4tn<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/06\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/9\/1.jpeg\" alt=\"20260619 Nissay Space X\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">Nissay has held a stake in SpaceX,\u00a0founded by Elon Musk in 2002, through a venture capital fund for more than 10 years, sources told Nikkei. (Nikkei montage\/Source photos by Rie Ishii and Getty Images)<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">TOKYO &#8212; Nippon Life Insurance, Japan&#8217;s largest life insurer, is sitting on a paper profit of up to $3 billion on its SpaceX stake, sources told Nikkei, underscoring the investment clout of one of the nation&#8217;s largest institutional investors.<\/p>\n","protected":false},"excerpt":{"rendered":"Finance For over 10 years Nissay has had a stake in Musk&#8217;s rocket company, whose market value is&hellip;\n","protected":false},"author":2,"featured_media":746390,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[64,63,41624,329925,102586,82701,358973,35402,158771,18847,128,285,5437],"class_list":["post-746389","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-au","tag-australia","tag-bet","tag-billions","tag-deliver","tag-early","tag-lifes","tag-may","tag-nippon","tag-profit","tag-science","tag-space","tag-spacex"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/746389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=746389"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/746389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/746390"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=746389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=746389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=746389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}