24H｜Destiny Tech100 Drops 16% in Overnight Trading; Bit Digital Rises 2%; MicroStrategy Jumps 1%

Tiger Newspress11-20

Shares of Destiny Tech100 Inc, a fund that offers retail investors access to high-profile private startups, fell 16% in overnight trading.

The spaceX company is DXYZ's largest holding, making up about 37.6% of the portfolio.

SpaceX achieved new feats during the sixth major test launch of its Starship system but nixed an eagerly anticipated midair “catch” of the rocket’s booster as President-elect Donald Trump looked on in South Texas.

SpaceX’s launch system, comprised of the booster and Starship upper spacecraft, cleared the tower shortly after 4 p.m. local time on Tuesday. But minutes into the flight, SpaceX scrapped plans to attempt to catch the booster with giant mechanical arms — referred to as “chopsticks” — which the company completed during its previous flight. The booster, dubbed Super Heavy, was still able to perform a controlled landing in the ocean.

“It was pretty epic on attempt one, but the safety of the teams and the public and the pad itself are paramount,” SpaceX engineer Kate Tice said on a live broadcast. “So we are accepting compromises.”

Crypto stocks mixed in overnight trading. Bit Digital rose 2%; MicroStrategy, Marathon Digital rose 1%; Bakkt fell 1.7%; Coinbase fell 1%.

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