Fund with stakes in SpaceX, Anthropic jumps 1,500% in 4 days

The newly listed Fundrise Innovation Fund, which has stakes in IPO-bound companies like SpaceX and Anthropic, has soared over 1,500% above its net asset value of $18.97 per share since its debut on March 19. Shares touched $314.99 on Tuesday, driven by investors' interest around these AI companies. Investors are willing to pay over 16 times the net asset value.