SpaceX‘s IPO could be leading a charge for exchange-traded funds (ETFs) dealing with space companies’ stock as the June public listing draws closer.
Space ETFs Surpass $5 Billion
In a post on X on Wednesday, The Kobeissi Letter posted that ETFs dealing with Space companies had “surpassed $5 billion” in total assets under management “for the first time in history.”
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The post said that assets had “doubled” since the start of the year. “Over the last year, this figure has surged by over +900%,” the post said.
