Retail buying in space-themed ETFs and stocks surges to multi-year highs as SpaceX targets a June 12 listing.
Retail investors are driving record inflows into space-themed stocks and ETFs ahead of SpaceX’s planned Nasdaq listing on June 12. The Procure Space ETF (UFO) saw retail net buying peak at $6.2 million on April 30, with current levels at $3.8 million—three times higher than prior peaks.
Demand extends beyond ETFs, with Redwire (RDW) attracting $41.1 million in retail net buying over the last 20 trading days. Smaller space names like Sidus Space (SIDU), Satellogic (SATL), and Planet Labs (PL) are also gaining traction, signaling broad retail interest in the sector.
SpaceX is reportedly targeting a June 11 pricing for its IPO, led by Goldman Sachs with 21 banks underwriting the deal. The move marks an unusual push to include retail investors in the offering.