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SpaceX is powering a new ETF race: Chart of the Day
Key takeaways
- The Tema Space Innovators ETF (NASA) has leapfrogged the Procure Space ETF (UFO), the ARK Space & Defense Innovation ETF (ARKX), and the SPDR S&P Kensho Final Frontiers ETF (ROKT) in fund assets since launching in March.
- The Tema Space Innovators ETF gives investors exposure to SpaceX through a special-purpose vehicle (SPV), a private-market structure that can hold stock in companies before they list publicly.
- His read was blunt: the Tema Space Innovators ETF has SpaceX SPV exposure at about 10% of the fund, and “there’s a feeding frenzy [right now] to get exposure.”
Space X is powering a new ETF race: Chart of the Day Jared Blikre Wed, May 27, 2026 at 5:00 PM GMT+7 3 min read SPAX.PVT NASA UFO ARKX Space X (SPAX.PVT) is not yet public, but the race to own it is already rearranging the ETF market.
A new space ETF with Space X exposure has surged past older rivals in assets just two months after launching, turning a once-niche corner of the ETF market into a pre-IPO access trade for one of the biggest expected IPOs on Wall Street.
The Tema Space Innovators ETF (NASA) has leapfrogged the Procure Space ETF (UFO), the ARK Space & Defense Innovation ETF (ARKX), and the SPDR S&P Kensho Final Frontiers ETF (ROKT) in fund assets since launching in March.
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