Software Engineer New Grad

Harvard Management Co. has disclosed a $2.2 billion stake in SpaceX, making it the university's largest public equity holding. Harvard held 12.94 million shares of SpaceX Class A common stock as of 30 June, according to a regulatory filing. The position exceeds Harvard's stakes in Amazon, Taiwan Semiconductor, Cerebras Systems, and Nvidia. It accounts for more than half of Harvard's $4.3 billion in total US equities disclosed in the filing. SpaceX went public on Nasdaq on 12 June and experienced significant volatility, falling over 50% from its peak of around $225 before rebounding. The company reported second-quarter revenue of $7.81 billion, up 92% year-over-year. Other major investors include Nvidia with a $21 billion stake and Alphabet with $94.1 billion.

Cursor, the AI coding startup owned by SpaceX, has launched Origin, a code repository and pull request management tool integrated into its platform. The service, now in early beta for paid users, allows developers to host repositories natively or alongside GitHub projects. The launch coincided with a GitHub outage exceeding six hours. According to LeadDev analysis, GitHub experienced 257 incidents between May 2025 and April 2026, with 48 classified as major disruptions. For repositories originating on GitHub, the platform remains the source of truth, whilst discussions synchronise bidirectionally. Despite reliability concerns, GitHub maintains dominance in code hosting, with 180 million developers using the service as of October 2025.

Ex-SpaceX engineer's startup aims to cut homebuilding costs 50%. American Housing Corp., founded by a former SpaceX engineer, says its factory-built, Lego-style rowhome system can cut construction costs 30% to 50% versus conventional homebuilding, and is raising a Series A to scale production. A startup founded by a former SpaceX engineer says it can build family-sized rowhomes for 30% to 50% less than a conventional homebuilder by treating construction like an engineering problem instead of a trade, according to an exclusive interview with Realtor.com. American Housing Corp., based in Austin, Texas, is a vertically integrated developer and manufacturer that builds pre-fabricated components - insulated wall panels, floors, stairs and roofing - that are flat-packed into shipping containers, trucked to a site and assembled "like Lego" into three-story townhomes, according to CEO and co-founder Riley Meik. From Starship flaps to housing "missing middle" Meik, a mechanical engineer, left Brigham Young University to start a suborbital rocket-launch company before being hired by SpaceX to work on Starship's aeronautic flaps. He told Realtor.com the idea for AHC came from watching housing get built by hand near Los Angeles job sites while working at SpaceX. "There has been so much evolution and progress over the past 50 years introducing robotics and automation into the production process," Meik said. "Look at housing during that same timeline: quality has been going down while cost has been going up. It's the opposite." AHC's approach borrows directly from SpaceX and Tesla's playbook: full vertical integration, with raw materials entering one door and finished components leaving the other, and a focus on a single, engineered building material. The company's structural wall panels use magnesium oxide board reinforced with fiberglass - a Class-A fire-rated material Meik said was chosen after "lots of trial and error" for its acoustic, thermal and cost properties. Floors use cold-formed steel rather than lumber trusses, assembled with rivets "more common in aerospace and automotive" than in home construction. The company settled on three-story rowhomes as its core product because, Meik said, "the key to solving the housing crisis in the U.S. is figuring out how to build 'missing middle' housing at scale in the country's most desirable cities and neighborhoods" - denser than a detached single-family home but still family-sized. Backed by $7 million so far, seeking a Series A. AHC has raised $7 million in pre-seed and seed capital from Flux Capital, Antler and Boost Capital Partners, and Meik told Realtor.com a Series A round of more than $10 million is in the works. The company plans to use that capital to build a 230,000-square-foot factory capable of producing 1,200 townhomes a year, its near-term production goal, scaling up from its current 50,000-square-foot facility. Three co-founders round out the leadership team: Will Davis, a Cornell-educated former General Motors engineer overseeing software; Bobby Fijan, a Wharton graduate who previously worked on Philadelphia-area office-to-residential conversions and now leads real estate acquisition; and Harris Rothaermel, a BYU graduate with aerospace experience at NASA and Varda Space Industries. What it means. AHC's cost-savings claim - 30% to 50% below a conventional homebuilder - is the company's own estimate, not an independently verified figure, and the startup has not yet built at the 1,200-home annual scale it is targeting. The pitch nonetheless lands amid growing public acknowledgment of the underlying problem: large national homebuilders have said it is increasingly difficult to profit from a traditional starter home at today's land, labor and material costs, which is part of why factory-built and modular approaches keep attracting venture capital. Whether AHC's aerospace-inspired manufacturing model can scale to thousands of units annually while holding its promised cost advantage remains unproven outside its current pilot factory.