$Destiny Tech100 Inc(DXYZ)$  for the long term!

The SpaceX Surge – What’s Driving It? SpaceX: Revolutionizing Space Exploration and Beyond SpaceX’s latest valuation of $350 billion marks a massive leap in value, nearly doubling its worth from last year. This surge is being driven by Elon Musk's innovations, including the Starship program and the growth of SpaceX's Starlink satellite internet business. With new funding rounds coming up, could SpaceX continue to soar, or is a pullback in store? As SpaceX reaches new heights, there are broader implications for markets—particularly in sectors like AI, aerospace, and satellite internet. Musk’s other ventures like Tesla, Neuralink, and X (formerly Twitter) are all making headlines as well, raising questions about whether this space exploration giant will maintain its dominance. What’s Next fo

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$Destiny Tech100 Inc(DXYZ)$  since spaceX remarkable landing it open strong interest in space industry. 

$Destiny Tech100 Inc(DXYZ)$  stocks rise, with DXYZ up over 29.3% in pre-market trading. $Trump Media & Technology(DJT)$  stock increased by 8.1%, continuing its sharp gains after President-elect Donald Trump announced he had no intention of selling his shares in the company, which operates the Truth Social media platform.

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It’s Finally Happening. After Reuters first reported on SpaceX’s seeking an open tender back on 16 Nov 2024 (click here ! to read the details), Bloomberg has followed up with a latest update. (see below) Bloomberg has just reported this news, further cementing that it is quite likely going to happen. What’s more, Bloomberg has reported a new estimate that values SpaceX at $350 billion, significantly more than the previous reported estimate of $250 billion. This puts SpaceX on par with some of the world’s largest publicly traded companies in terms of market capitalization. eg. $Netflix(NFLX)$ -$383.746 bi

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$Destiny Tech100 Inc(DXYZ)$ SpaceX's New Tender Offer Overview SpaceX is initiating a tender offer in December 2024, allowing current shareholders to sell their shares at $135 per share, valuing the company at over $250 billion. This is not a new equity raise but rather a liquidity event for existing investors, giving them the opportunity to cash out or partially reduce their stake. This strategy is common for high-growth private companies and enables SpaceX to maintain control while rewarding early investors and employees. Impact on DXYZ (Destiny Tech100 ETF) Stock Price The Destiny Tech100 ETF (NYSE: DXYZ) holds 37.6% of its portfolio in SpaceX shares, making it highly exposed to the company. The tender offer's effects on DXYZ can be analyzed f

On Fri, 22 Nov 2024, US market finished higher to wrap up a winning week for the major indexes. (see below) By the time the clock chimed 4pm: (see above) DJIA: +0.97% (+426.16 to 44,296.51). Record high closing. S&P 500: +0.35% (+20.63 to 5,969.34). Nasdaq: +0.16% (+31.23 to 19,003.65). For the week: DJIA has gained +1.99%. Best performer of the week. S&P 500 has gained +1.62%. Nadaq has gained +1.53%. Bright Sparks of the Week ? This week, the sector/s where US stocks was the biggest beneficiary can be found below: Investors gravitated towards $Materials Select Sector SPDR Fund(XLB)$ and $Utilities Select Sector SPDR Fund (XLU)$, where both closed +3.0%, higher than the others. (see above) Actually, $Energy Select Sector SPDR Fund (XLE)$ a

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