DXYZ is trading approximately 8% higher at $73–74 in pre-market, extending a sharp multi-day rally fueled by optimism surrounding SpaceX’s recent IPO filing.
- SpaceX represents one of the largest holdings in the Destiny Tech100 portfolio, making the fund highly sensitive to news regarding the aerospace company’s potential public debut.
- While broader U.S. equity futures are trending higher and providing a supportive risk-on backdrop, the primary driver remains the anticipated impact of SpaceX's valuation on the fund.