TLDR:
\- Last NAV is $24.56 per filing on the 31st March, many thought it was 19.95 per RH interface
\- Upcoming new NAV calculated to be at least $35 (see below)
\- Next catalyst being Anthropic's public S1 filing and DXYZ's updated NAV as of 30 June 2026.
Relevant material:
[https://www.sec.gov/Archives/edgar/data/1843974/000157587226000284/dxyz098\_424b3.htm](https://www.sec.gov/Archives/edgar/data/1843974/000157587226000284/dxyz098_424b3.htm)
[https://destiny.xyz/tech100](https://destiny.xyz/tech100)
Calculations:
18.1% is Anthropic - new series H valuation 965b from 380b in feb
18.1%\*24.56\*(965b/380b-1) = $6.84
14.5% is SpaceX, current valuation 2trillion, was calculated as 1.25trillion in March's filing
14.5%\*24.56\*(2trillion/1.25trillion-1) = $2.13
$24.56+$6.84+$2.13 = $33.53
They also raised cash through ATM offering at a premium to NAV, which raised NAV further, maybe $1-$2
This brings the conservatively projected NAV to about $35. And this is not counting further OpenAI/Anthropic/Stripe/Revolut IPO upside from March
Disclosures: 200k in DXYZ at $35