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NASDAQ:DXYZ 21 May 2026

Destiny Tech100 Gains Pre-Market as SpaceX IPO Buzz Mixes With AI Stock Warnings

Destiny Tech100 Gains on IPO Hopes for SpaceX

Destiny Tech100 Inc. shares surged 18.1% to $57.40 midday Thursday after SpaceX’s IPO filing drew attention to the fund’s 14.5% exposure to the rocket company. DXYZ traded at 2.3 times its March 31 net asset value of $24.56. The fund also holds stakes in Anthropic and OpenAI, with cash making up 31.4% of assets. DXYZ remains volatile, still below its May 11 high near $71.
21 May 2026
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Stock Market Today

  • SpaceX Attracts Billions in ETFs Despite High Valuation Fueled by FOMO
    June 18, 2026, 10:47 AM EDT. SpaceX, the private space exploration company, is trading at a valuation vastly higher than any stock in the S&P 500. This surge is driven by retail investors investing billions of dollars into SpaceX-focused exchange-traded funds (ETFs). Market participants are displaying a 'fear of missing out' (FOMO) mentality, pushing demand beyond traditional valuation measures. Experts warn that these elevated prices may not reflect fundamental financial metrics but are rather driven by investor sentiment and speculative interest.

Latest articles

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

18 June 2026
Energy Fuels surged 10% to $16.84 after a conditional U.S. government loan commitment of up to $725 million for White Mesa Mill expansion and a planned U.S. rare earth facility, outpacing uranium and rare earth peers; the loan remains subject to due diligence, final agreements, and approvals, with risks including commodity prices, permitting, and execution flagged by the company.
Kroger edges down after it sticks to 2026 guidance

Kroger edges down after it sticks to 2026 guidance

18 June 2026
Kroger shares fell about 3% in premarket trading after first-quarter adjusted profit missed estimates by a cent despite a sales beat, as margin pressure from price cuts and higher transport costs raised investor doubts about CEO Greg Foran’s strategy to win back shoppers from Walmart and Costco.
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