Destiny Tech100

DXYZ

Market cap $646M

Reports indicate that SpaceX has submitted a draft IPO registration to the U.S. Securities and Exchange Commission, setting the stage for a potential June listing. According to Bloomberg, the offering could value SpaceX at more than $1.75 trillion, which would make it the largest IPO ever.

Shares of the Fundrise Innovation Fund have surged as investors look to invest in private AI companies, but history suggests that these high valuations aren't tenable.

Destiny Tech100 Inc. (NYSE: DXYZ) shares are trading higher after reports that SpaceX could file for an IPO as soon as this week.

Can income investors get in on the coming SpaceX IPO before the stock goes public (and ideally without overpaying?) Let's find out.

NEW YORK--(BUSINESS WIRE)--Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended December 31, 2025. The fund reported a net asset value (NAV) of $19.97 per share of common stock, up 76% from $11.37 per share at the end of the third quarter of 2025 and up 210% from $6.44 per share at the end of the fourth quarter of 2024. As of December 31, 2025, Destiny Tech100's investment portfolio had an aggregate fair value of approximately $434.0 million, including short.

SpaceX is in the headlines as the company recently acquired xAI in the largest M&A transaction in history.

It never ceases to amaze me how many investors confuse investing with straight-up gambling.

Destiny Tech100 offers retail investors access to pre-IPO tech giants like SpaceX and OpenAI through a diversified closed-end fund. DXYZ trades at a massive premium to its NAV and sports a hefty expense ratio. Both factors will make it challenging for this fund to outperform the market. While DXYZ's unique holdings are appealing, that's not enough to overcome the drawbacks.

NEW YORK--(BUSINESS WIRE)--Destiny Tech100 Inc. (NYSE: DXYZ) today announced financial results for the quarter ended September 30, 2025. The fund reported a net asset value (NAV) of $11.37 per share of common stock, up from $6.92 per share at the end of the second quarter of 2025. As of September 30, 2025, Destiny Tech100's investment portfolio had an aggregate fair value of approximately $153.3 million, including short-term investments. The fund maintains positions in a variety of privately-he.

As the artificial intelligence (AI) boom advances, its vast computational power demands are putting the data centers that house the technology on the path of severe, earthbound limitations: skyrocketing energy consumption that strains electric grids, land scarcity in suitable locations, and regulatory hurdles over its environmental and ethical impacts.