Dominari Securities LLC, a subsidiary of Dominari Holdings Inc. (NASDAQ: DOMH), announced it raised approximately $200 million for its American Ventures Opportunity QP Series IV – SpaceX Fund.

The fund used the capital to acquire 1,481,481 SpaceX shares at $135 per share during the company's initial public offering. The press release described the SpaceX IPO as the largest ever and noted that Dominari received a significant allocation compared to other banks.

Dominari and its affiliates had previously invested approximately $50 million across eight pre-IPO rounds in SpaceX and xAI before the IPO investment. The company stated that carried interest from these investments may eventually exceed $40 million.

"This transaction represents a momentous achievement for our private markets platform and our investors," said Kyle M. Wool in the press release. "We are proud to provide access to premier, late-stage private companies such as SpaceX, and to execute at scale with precision."

The company acknowledged Goldman Sachs as the underwriter for the transaction. Dominari Holdings operates through various subsidiaries engaged in wealth management, investment banking, sales and trading, and asset management.

The information is based on a press release statement from Dominari Holdings Inc.