Stock Track | Destiny Tech100 Inc Soars 7.59% as SpaceX IPO Buzz and Starlink Growth Fuel Tech Optimism

Stock Track12-15 09:14

Destiny Tech100 Inc (DXYZ) surged 7.59% during the night session, outperforming broader market trends as investors rallied 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 included reports of selecting Wall Street banks for its IPO advisory process, a secondary stock sale valuing the company at $800 billion, and the deployment of over 3,000 Starlink satellites this year. Additionally, discussions about space-based AI data centers—a venture SpaceX could pioneer—further fueled speculative interest in high-growth tech assets like DXYZ.

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