Stock Track | Destiny Tech100 Inc Soars 12.43% in Pre-Market as SpaceX IPO Plans Fuel Investor Optimism

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Destiny Tech100 Inc (DXYZ) surged 12.43% in pre-market trading on Friday, continuing its upward momentum as investors react to reports of SpaceX's blockbuster IPO plans.

The rally is driven by optimism surrounding DXYZ's significant stake in SpaceX, which is reportedly preparing for a potential 2026 IPO with a valuation target of $1.5 trillion. Elon Musk's confirmation of the IPO plans has further bolstered investor confidence, as the listing could significantly enhance the value of DXYZ's holdings in the space exploration giant.

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