Destiny Tech100 Inc. (NYSE:DXYZ) today announced financial results for the quarter ended June 30, 2024. The fund reported a net asset value (NAV) of $5.15 per share of common stock, an increase from $5.07 per share at the end of the first quarter. As of June 30, 2024, Destiny Tech100's investment portfolio had an aggregate fair value of approximately $56.4 million, including short-term investments. The fund maintains positions in a variety of privately-held technology companies. Additional Information For more information about the Tech100 fund, Destiny XYZ Inc., the Fund's parent company, has made extensive resources available on its website. Prospective investors and the general pub
Destiny Tech100 Inc. (NYSE:DXYZ) today reported that its net asset value ("NAV") for the quarter ended March 31, 2024 totaled $5.07 per share of common stock, as compared to $4.84 per share as of December 31, 2023. As of March 31, 2024, Destiny Tech100 held positions in 23 portfolio companies – all privately held – for an aggregate fair value of approximately $51.7M, excluding short-term treasuries. The fund did not make investments in any new companies between January 1, 2024 and March 31, 2024. Additional Information For more information about the Tech100 fund, Destiny XYZ Inc., the Fund's parent company, has made extensive resources available on its website. Prospective investors a
https://x.com/elonmusk/status/1813290895334383820
https://www.axios.com/2024/07/15/sequoia-capital-stripeSequoia Capital is offering its investors a way to cash out of Stripe, the payments giant it first backed nearly 14 years ago, Axios has learned.Why it matters: Limited partners in venture capital funds are increasingly desperate for liquidity, as companies like Stripe eschew IPOs.Behind the scenes: Sequoia this morning emailed LPs in funds raised between 2009 and 2011, offering to buy up to $861 million of Stripe shares.The purchasers would be other, more recent Sequoia Capital funds — a process partially enabled by the firm's 2021 restructuring.In the weeds: The price would be $27.51 per share, which is Stripe's most recent 409A mark a
https://www.wsj.com/business/spacex-presses-to-launch-massive-rockets-from-texas-more-often-78931bbd?mod=latest_headlines SpaceX is pushing to sharply increase rocket launches in Texas as it races to demonstrate its massive new vehicle can fly as designed.The company has proposed to launch Starship rockets up to 25 times annually from its complex east of Brownsville, Texas, according to the Federal Aviation Administration. SpaceX has permission to conduct up to five orbital flights there under a plan the agency approved in 2022.
Elon Musk, the CEO of SpaceX, has reportedly been found to be exploiting the conflicting missions of federal agencies to further his space travel ambitions. What Happened: The investigation centered on the aftermath of a recent launch of SpaceX’s Starship, the largest rocket ever manufactured, The New York Times reported on Monday. Post-launch, a team from SpaceX, the U.S. Fish and Wildlife Service, and a conservation group surveyed the surrounding migratory bird habitat. They discovered significant environmental damage, including destroyed bird nests and debris scattered across public lands. According to the report, this incident is not isolated. Since 2019, SpaceX operations have cau
Multiple stocks on the New York Stock Exchange experienced sudden trading halts after 9:40 a.m. ET Monday due to technical issues. The unexpected pauses in trading were triggered by a technical issue categorized under the “Limit Up/Limit Down” code, which is typically used to curb excessive volatility in a single stock. The NYSE said it is investigating the reported technical issue. Among the largest companies halted on Monday were Berkshire Hathaway Inc. (NYSE:BRK) at 9:50:52 a.m. ET and Chipotle Mexican Grill, Inc. (NYSE:CMG) at 9:44:58 a.m. ET. Chipotle shares experienced a sudden and dramatic decline of 66%, plummeting from $3,097 to $1,047. The stock resumed trading at 10
N-2/A - Destiny Tech100 Inc. (0001843974) (Filer)
POS EX - Destiny Tech100 Inc. (0001843974) (Filer)
DEFR14A - Destiny Tech100 Inc. (0001843974) (Filer)
40-17G - Destiny Tech100 Inc. (0001843974) (Filer)
DEFA14A - Destiny Tech100 Inc. (0001843974) (Filer)
DEFA14A - Destiny Tech100 Inc. (0001843974) (Filer)
DEFA14A - Destiny Tech100 Inc. (0001843974) (Filer)
DEFA14A - Destiny Tech100 Inc. (0001843974) (Filer)
DEFA14A - Destiny Tech100 Inc. (0001843974) (Filer)
DEFA14A - Destiny Tech100 Inc. (0001843974) (Filer)