Destiny Tech100 set to extend rally on AI fervor, private tech demand

ReutersMay 11, 2026 9:45 AM

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Shares of Destiny Tech100 DXYZ.N climb 9.8% premarket, set to extend gains after last week's rally

Stock buoyed by AI enthusiasm and resilient demand for exposure to private tech leaders

The company has become a proxy for retail investors to get access to companies such as SpaceX, Anthropic and OpenAI

Sentiment towards the stock is often driven by headlines around its portfolio companies and broader risk appetite'

Last week, the Financial Times reported that Anthropic was weighing a funding round that would take its valuation past OpenAI's

SpaceX is also on course for an IPO in June that could value it at $1.75 trillion, Reuters has reported

YTD, DXYZ has gained 78.3% as of Friday's close

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