ProShares Launches SPCF ETF Targeting 2x Daily Returns of SpaceX
World’s largest provider of leveraged and inverse ETFs expands single-stock ETF lineup with launch of SPCF
ProShares, the world’s leader in geared (leveraged and inverse) investing, today announced the launch of ProShares Ultra SpaceX (SPCF), targeting 2x daily returns of SpaceX, giving investors a way to magnify a bullish view on the company following its historic public market debut.
SpaceX's public market debut drew significant investor attention, with shares closing at $161.11, implying a valuation of approximately 2.1 trillion.¹ The company has become a foundational player in global connectivity, AI, and the space economy.
“SPCF offers investors a way to magnify a bullish view on SpaceX without borrowing on margin,” said ProShares CEO Michael L. Sapir. “Investors can target 2x daily returns of SpaceX with the convenience and transparency of an ETF.”
