Destiny Tech100 (DXYZ) shares rose during premarket trading on May 21, 2026. Investors reacted to the public release of the SpaceX IPO prospectus filed on May 20, 2026. The filing positioned DXYZ as a primary proxy for the highly anticipated SpaceX public offering.
The prospectus revealed that SpaceX is heavily prioritizing artificial intelligence. Approximately 76% of SpaceX’s Q1 2026 capital expenditures funded AI infrastructure. This investment level provides a new growth perspective for the Destiny Tech100 portfolio.