Hyperion doubles down on Musk bet after taking outsize SpaceX stake (opens original article in a new tab)

Hyperion Asset Management, a Brisbane-based money manager, has added a stake in SpaceX to its Global Growth Fund, continuing its support for Elon Musk's ventures after previously holding a major stake in Tesla.

• Hyperion Asset Management added a stake in SpaceX to its Global Growth Fund.
• Hyperion has a significant stake in Tesla, with the stock making up over 12% of its portfolio.
• Hyperion oversees $12.5 billion in assets and manages the $3.8 billion Global Growth Fund.