Stock Track | Destiny Tech100 Inc Soars 5.37% in Pre-Market on SpaceX IPO Buzz and Starlink Growth

Stock Track12-15 21:02

Destiny Tech100 Inc (DXYZ) surged 5.37% in pre-market trading, continuing its upward momentum as investors rally behind SpaceX-linked growth catalysts. The tech-focused investment vehicle benefited from heightened optimism around Elon Musk's aerospace company, which is advancing toward a potential blockbuster IPO.

SpaceX's momentum includes reports of selecting Wall Street banks for its IPO advisory process and a secondary stock sale valuing the company at $800 billion. Additionally, the deployment of over 3,000 Starlink satellites this year and discussions about space-based AI data centers have further fueled speculative interest in high-growth tech assets like DXYZ.

The stock's performance reflects broader investor enthusiasm for SpaceX's ambitious plans, which are seen as a key driver for Destiny Tech100 Inc's growth prospects.

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