The rising tide of SpaceX will and is bringing a wave of enthusiasm for other stocks as well. One among them is the little-known manager of a closed-end investment fund called Powerlaw (PWRL). The fund stays true to its name and backs some of the leading private technology firms such as OpenAI, Perplexity, Groq, Stripe, and Kalshi, among others.
With a fair value of about $117 million, and representing roughly 19% of its net assets, SpaceX is Powerlaw's largest holding.
