Led by Elon Musk, Tesla has helped investors achieve remarkable investment performance, and his other company, SpaceX, has also grown into a shining star company. Investors are eagerly anticipating SpaceX's IPO to once again enjoy the wealth feast brought by Musk.In fact, although SpaceX is not yet publicly traded, there is a corresponding asset available for trading in the U.S. stock market. That is the ETF The Destiny Tech100.What is The Destiny Tech100? Why is it referred to as a SpaceX concept stock?The Destiny Tech100 is a closed-end fund that invests in a group of startups on the verge of going public, known as unicorn companies. Among them, the largest holding is SpaceX. Approximately 36.9% of the shares currently held by this fund are SpaceX shares.<figure class="image"><img src="https://pub.pbkrs.com/uploads/2025/bd596260b9172392438f924c7e2b298e?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/uploads/2025/bd596260b9172392438f924c7e2b298e"/></figure>SpaceX - The second highest valued startup in the worldIn the summer of 2024, SpaceX's valuation approached $210 billion, setting a new record for the valuation of private companies in the United States.Globally, SpaceX's valuation is second only to that of TikTok's parent company ByteDance, which is valued at approximately $268 billion

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The Destiny Tech100 has invested in a batch of startups that are on the verge of going public, with the largest holding being SpaceX

- Tesla, led by Elon Musk, has generated impressive investment returns, while his other company, SpaceX, is anticipated to go public, attracting investor interest.  
- Although SpaceX is not yet listed, it can be traded through the ETF The Destiny Tech100, which focuses on pre-IPO unicorn companies, holding approximately 36.9% of SpaceX shares.  
- As of summer 2024, SpaceX's valuation reached nearly $210 billion, making it the second most valuable startup globally, following ByteDance, valued at around $268 billion.