Powerlaw, a Closed-End Fund Holding SpaceX and OpenAI, Lists on Nasdaq

Powerlaw Corp. (ticker: PWRL), a closed-end fund holding shares of Elon Musk's SpaceX and OpenAI, will begin trading on the Nasdaq on May 27 via a direct listing. Because it's a closed-end fund that already owns its assets, the listing won't issue new shares or raise fresh capital — it simply puts existing shares on the public market. The fund's core holdings give retail investors a direct way to allocate capital to two of the most valuable private technology companies. As SpaceX's valuation expectations move toward…