DXYZ Rocketed 55% As SpaceX Is Its Largest Holding

Tiger Newspress
2024-11-07

Destiny Tech100 Inc rocketed 55% in morning trading as SpaceX is its largest holding.

What You Should Know Before Buying DXYZ Stock

If you’re a risk taker and into meme-tech stocks, Destiny Tech100 (NYSE:DXYZ) is certainly an intriguing option to consider. This close-ended management investment, the DXYZ stock, operates as an ETF, holding what managers believe are the “top 100 high-growth tech companies.” Notably, these companies are venture-backed and privately-listed, meaning investors can gain exposure to companies that may otherwise be unavailable on the private market.

Destiny XYZ Inc. manages the company and offers exposure to innovative companies like SpaceX and OpenAI. It began trading on March 26 and aims to provide everyday investors with access to exciting private businesses.

Here’s everything you need to know about the DXYZ stock.

The DXYZ Stock is a New NYSE Member

Destiny Tech100 debuted on the New York Stock Exchange on March 26, 2024. Its opening price was $8.25, up 70.5% from the reference price of $4.84. Trading ranged from $8.25 to $30.48, closing at $9.00 with 540,000 shares traded. The company aims to provide investors access to private market growth opportunities in a public market setting, and has clearly seen very strong demand.

The company has revolutionized private-sector investing, making it more accessible and transparent. Destiny Tech100 offers opportunities previously unavailable to average investors and focuses on innovation and impact.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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