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D1 Capital up 39% on SpaceX valuation surge

hedgeweek

5 months ago

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D1 Capital Partners recorded a 39 per cent gain across its private investment portfolio last year, driven largely by its long-standing investment in Elon Musk’s SpaceX following a sharp uplift in the company’s valuation, according to a report by Bloomberg.
The New York-based hedge fund said SpaceX now accounts for roughly 45 per cent of its venture capital and private equity exposure, according to people familiar with the matter. Excluding the SpaceX position, D1’s private investments would have...

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