The Procure Space ETF (NASDAQ:UFO) and Tema Space Innovators (NYSE:NASA) are performing strongly amid the ongoing SpaceX IPO frenzy, with both funds reaching record highs of $68 and $43, respectively, as assets under management continue to climb.
Still, these funds face some major risks as the IPO nears.
NASA vs UFO ETFs | Source: TradingView UFO and NASA ETFs Have Soared Ahead of the SpaceX IPO Top space ETFs have done well this year, driven by the ongoing surge in top companies in the industry.
Rocket Lab (NASDAQ:RKLB) has soared by over 436% in the last 12 months, while Planet Labs (NYSE:PL) jumped by 766%.
Intuitive Machines (NASDAQ:LUNR), AST SpaceMobile (NASDAQ:ASTS), and EchoStar (NASDAQ:SATS) have all soared by over 300% in the last 12 months.
