Destiny Tech100 Stock Soars After SpaceX's Nasdaq IPO Filing
$Destiny Tech100 (DXYZ.US)$shares are ripping higher on Thursday afterSpaceXformally submitted its paperwork for a Nasdaq debut.
The surge comes after SpaceX filed for what could become the largest Nasdaq IPO in history, with plans to raise up to $75 billion at a potential valuation approaching $2 trillion. With 14.5% of Destiny's portfolio tied to SpaceX, the filing instantly turned the fund into a high‐beta proxy for Elon Musk's rocket, satellite and AI empire.
Musk's Control Is Locked In
The filing confirms that Musk will retain overwhelming control through a super‐voting share structure, Bloomberg reported. He is also...
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