EPISODE · May 4, 2026 · 1 MIN
Ark Venture Fund Skyrockets, SpaceX & OpenAI Lead
from The Daily News Now! Business
Ark Venture Fund soars, outpacing S&P and Nasdaq, thanks to big bets on SpaceX and OpenAI. The fund, with 80% in private companies, has delivered 152% returns since August 2022. SpaceX and OpenAI lead the pack, with SpaceXs valuation surging 730% to $1.25 trillion. However, the fund has risks: its an interval fund with a 5% quarterly redemption cap, 2.9% fees, and a $500 minimum. For less hassle, consider Baron Partners Fund or Alphabet, which owns a 6.1% stake in SpaceX. Both SpaceX and OpenAI plan public listings in 2026, potentially sparking more gains. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/86e7323995a1cb36
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Ark Venture Fund Skyrockets, SpaceX & OpenAI Lead
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