Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade
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- NASA (Space Innovators ETF) launched March 30, hit $1 billion in assets in 37 trading days, and topped $2.6 billion by the end of the latest week.
- SpaceX accounts for roughly 7.5 % of NASA’s holdings, with the fund owning privately traded SpaceX shares directly.
- Maurits Pot (founder & CEO of Tema ETFs) said the fund will not sell its SpaceX stake after the IPO, merely reprice it at market value.
- Ron Baron holds SpaceX through his First Principles fund (RONB), where SpaceX makes up about 2 % of assets while Tesla dominates at over 14 %.
- XOVR (ERShares Private‑Public Crossover ETF) values its SpaceX shares at close to $300 million, based on an expected IPO valuation exceeding $1.5 trillion.
Why it matters: Retail investors now control $2.6 billion of space‑sector assets and get direct exposure to SpaceX before its IPO, while the ETF’s rapid rise proves strong demand for private‑company equities beyond traditional institutions.
