Fundrise Innovation Fund LLC (VCX) surged 8.61% in post-market trading on Wednesday, marking a significant rebound for the AI-focused investment vehicle.
The sharp rise comes as investors are returning to the fund following its recent dramatic price decline. According to market reports, CEO Benjamin Miller has addressed skeptics of the fund, which appears to have restored some confidence among investors.
VCX, which provides exposure to pre-IPO AI giants like Anthropic, OpenAI, and SpaceX, has experienced extreme volatility since its public listing in March. The after-hours surge suggests renewed investor interest in the fund's unique portfolio of private AI companies.
Comments