With Elon Musk’s SpaceX rumored to be targeting a June initial public offering (IPO) that could value the company at anywhere from $1.75 trillion to $2 trillion, it’s no wonder that scores of investors are wondering how to get their hands on some SpaceX stock right now.
The good news is that investors don’t have to stretch to get pre-IPO exposure to SpaceX
They can accomplish that objective today with several exchange-traded funds (ETFs). Interestingly, this trio isn’t heavily allocated to pure-play space stocks. Among somewhat sizable ETFs, the ERShares Private-Public Crossover ETF (NASDAQ: XOVR) has the largest weight to SpaceX at nearly 20%, or $230 million.
That makes SpaceX far and away the largest component in this $459.7 million ETF, which turns 9 years old in November. In the SpaceX ETF conversation, the $561.8 million KraneShares Artificial Intelligence & Technology ETF (NASDAQ: AGIX) flies under the radar. Still, it counts SpaceX among its three privately held holdings, the second-largest of those.