Energy
James Rogers
Shares of DestinyTech 100 Inc., a closed-end fund that offers investors exposure to private companies such as SpaceX and OpenAI, are down 2.9% Friday following the explosion of SpaceX’s Starship spacecraft.
Starship exploded during its seventh flight test Thursday, although SpaceX CEO Elon Musk has described the incident as “barely a bump in the road” for the company’s Starship program.
SpaceX is the top holding in the DestinyTech 100 portfolio, followed by fintech company Revolut, private space company Axiom Space, and artificial-intelligence software company OpenAI.
SpaceX’s Starship blew up. Elon Musk says it’s ‘barely a bump in the road.’
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