Destiny Tech100 rises after SpaceX makes IPO filing public

Destiny Tech100

21/05/2026 10:26

** Shares of closed-end fund Destiny Tech100 DXYZ.N climb 3.4% to $50.27 premarket

** Gain follows SpaceX making its long‑awaited IPO filing public after market closed on Wednesday

** DXYZ seen as a proxy for retail investors seeking exposure to private tech leaders such as SpaceX, with sentiment often driven by portfolio‑company headlines

** SpaceX IPO seen as potentially the first trillion‑dollar U.S. market debut, with valuation target of up to $1.75 trln

** SpaceX accounts for 14.5% of DXYZ’s equity portolio as of March 31

** As of last close, DXYZ stock up 58.6% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))