Dominari Raises $200M to Secure 1.48M SpaceX IPO Shares at $135
DOMH•Dominari Securities closed its $200 million American Ventures Opportunity QP Series IV fund, acquiring 1,481,481 SpaceX IPO shares at $135 each in the largest IPO ever. The firm’s prior eight pre-IPO investments in SpaceX and xAI totaled $50 million, with carried interest potentially exceeding $40 million.
1. Fundraising and IPO Allocation
Dominari Securities LLC successfully launched and closed its American Ventures Opportunity QP Series IV fund, raising $200 million from qualified investors. The fund deployed capital to directly acquire 1,481,481 SpaceX IPO shares at $135 per share, marking the largest IPO share allocation achieved by any bank.
2. Prior Investments and Carry Interest
Prior to this fundraising, Dominari and its affiliates completed eight pre-IPO investment rounds in SpaceX and xAI, investing an aggregate $50 million. Carried interest from these rounds may exceed $40 million, underscoring the firm’s ability to source and execute high-return private market opportunities.
