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Fundrise VCX Surges After Delayed NYSE Debut as Investors Chase Private AI Access
Summary by ts2.tech
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1 Articles
Fundrise VCX Surges After Delayed NYSE Debut as Investors Chase Private AI Access
Fundrise’s VCX closed Friday at $117.70, up 54.5% since its March 19 NYSE debut, despite repeated trading halts. The fund’s last reported NAV was $18.26, putting Friday’s close at over six times asset value. VCX holds 85% of its portfolio in private companies, with 43.8% in AI firms like Anthropic and OpenAI. The surge came as the S&P 500 hit a six-month low amid Iran war tensions and rising oil prices. The post Fundrise VCX Surges After Delayed…
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