Destiny Tech100 (DXYZ) Shares Surge as SpaceX Expands Satellite Network

Author's Avatar
Dec 05, 2024

Destiny Tech100 (DXYZ, Financial) saw its stock price rise nearly 10%, reaching $50.93. This increase follows SpaceX's successful launch of 20 Starlink satellites from California. The launch marks the completion of the first satellite constellation capable of direct-to-mobile connections, boosting investor confidence in related tech stocks.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.