Space ETFs surge on SpaceX IPO anticipation
In the last month, $1.3 billion in fresh investments have flowed into seven exchange-traded funds (ETFs) centered on space, resulting in a total asset value of $3.3 billion within the sector. This surge in funding comes as investors place their bets on the anticipated IPO of SpaceX.
Key facts
- Seven space-focused ETFs collectively attracted $1.3 billion in new cash over the past month.
- Total assets in the sector have reached $3.3 billion.
- The surge is driven by investor anticipation of the SpaceX IPO.
Entities
Institutions
- SpaceX
Sources
- Quartz —