Buy This 1 Stock Hand Over Fist Before SpaceX Goes Public This Year
SpaceX is in the headlines as the company recently acquired xAI in the largest M&A transaction in history.
DXYZ: Despite Owning SpaceX And OpenAI, This Fund Is A Sell
Destiny Tech100 offers retail investors access to pre-IPO tech giants like SpaceX and OpenAI through a diversified closed-end fund. DXYZ trades at a massive premium to its NAV and sports a hefty expense ratio. Both factors will make it challenging for this fund to outperform the market. While DXYZ's unique holdings are appealing, that's not enough to overcome the drawbacks.
DXYZ: It's A Musk And Tesla Problem Now
Destiny Tech100 is a highly speculative, sentiment-driven closed-end fund focused on private tech ventures, with heavy exposure to SpaceX and a hefty 5% expense ratio. This fund is best viewed as a trading vehicle for swing traders, not a long-term investment or core portfolio holding. I see DXYZ as a potential small, contrarian play in my portfolio, seeking outsized returns but accepting the high risk and volatility.
Don't Overpay For SpaceX
SpaceX's recent achievements highlight a new era of innovation, making it a compelling investment but caution against overpaying is crucial. I sold my stake in Destiny due to its indefensible premium; recommend others do the same and reinvest wisely. For SpaceX exposure, consider ERShares Private-Public Crossover ETF, which offers better value and allocation compared to Destiny.
Destiny Tech 100: From The Dark Side To The Absurd
On September 11, 2024, I referred to Destiny Tech 100 as the Dark Side of Investment Democratization. More power to more investors is great for many, but that creates more opportunities to do more damage to more portfolios—DXYZ is now priced dangerously high. Since then, DXYZ has gotten dicier: The collective auras of Donald Trump, Elon Musk and SpaceX drove the stock to the point of violating basic mathematics.
SpaceX Is the Hottest Stock to Own. Here's How to Invest In This Private Company
Investors seeking to benefit from Elon Musk's ties to Donald Trump post-election face limited options.
The Ultimate Trump Trade ETF Worth Buying in November
A Donald Trump rally in the stock market is becoming evident, with a number of top companies tied to the likes of Elon Musk (and other CEOs who have supported Trump, or in sectors the re-elected president is likely to support) surging over the course of the past week.
SpaceX Stock: The Destiny Tech100 ETF Could Surge 100% Over the Next Year
Donald Trump's recent election victory has sparked a stock market surge, with most major risk assets rising as investors look to take advantage of what can only be described as a wave of euphoria hitting the tape.
This Stock Is Up 303% Since Trump's Election: Did You Already Miss The Year's Best Investment?
Donald Trump's election win last week ignited a match under the stock market, sending the S&P 500 above the 6,000-point level for the first time ever.
The Best Way To Invest in SpaceX Is With DXYZ Stock
Investors looking for ways to profit from Elon Musk's close relationship with Donald Trump after his election seemingly have few ways of doing so.
Is Destiny Tech100 Headed for New All-Time Highs During a Trump Presidency?
Following Donald Trump's election victory, major indices like the Dow Jones and S&P 500 reached record highs.
Destiny Tech100 And The Dark Side Of Investment Democratization
Destiny Tech100 sounds glamorous
