SpaceX with a $2 trillion valuation, OpenAI with a trillion-dollar valuation—before the pre-IPO window, these were things no one would dare to even imagine. Now they’re being listed for trading directly. If this fund really keeps cycling capital into high-growth opportunities, the 600 early shareholders will probably wake up laughing.

CryptoWorld News reports that Powerlaw Corp will list on the NASDAQ on May 27 via a direct listing. Its core holdings are SpaceX and OpenAI, providing retail investors with a direct channel to invest in unlisted tech giants. SpaceX’s valuation may be as high as $2 trillion, and OpenAI is approaching $1 trillion, driving rising pre-IPO demand. As of May 13, the fund’s net assets were $604.1 million, with a share price of $13.97. It uses active management, plans to realize gains from mature projects and recycle proceeds into high-growth holdings, aiming to deliver more than 10x returns to its existing 600-plus shareholders.