Imagine gaining liquid access to one of the most valuable private companies in the world through a single Nasdaq-listed stock just weeks after its debut. Powerlaw Corp. (PWRL) has done exactly that, disclosing a massive $117 million position in SpaceX as its largest portfolio holding.
This newly listed closed-end fund offers public investors a rare window into elite late-stage private technology companies ahead of SpaceX’s anticipated IPO. With forecasts from the World Economic Forum and McKinsey & Company projecting the global space economy to surge from $630 billion in 2023 to $1.8 trillion by 2035, SpaceX sits at the epicenter of this explosive growth trajectory.
