Destiny Tech100 (DXYZ) Stock Surges on SpaceX IPO Buzz: What Happened This Week, Premium-to-NAV Reality Check, and Week-Ahead Watchlist (Updated Dec. 12, 2025)
Destiny Tech100 (DXYZ) surged 38% in five sessions, closing Dec. 12 at $37.96 on heavy volume, as speculation over a potential SpaceX IPO drew investor interest. The closed-end fund, which holds late-stage private tech firms, traded far above its net asset value. Friday’s volume hit 7.58 million shares, with pre-market activity also spiking. DXYZ’s price often moves on sentiment rather than underlying portfolio value.
