The long-awaited SpaceX IPO is more or less a week away, and space ETFs are exploding in popularity as the market prepares for what could very well be one of the largest stock launches in recent history.
Indeed, total assets under management (AUM) in space-themed ETFs have more than doubled since the start of the year, surpassing $5 billion for the first time ever.
As Elon Musk’s company itself is already present in some and likely to be added to other funds, investing in some of them could be a chance to gain exposure to the aerospace giant ahead of its debut.
Below, we’ve highlighted three space ETFs worth checking out before the SpaceX IPO.
Space Innovators ETF (NASA)
The Space Innovators ETF (NASA) launched on March 30, and its AUM has already climbed to $2.6 billion.
Over the same period, the fund’s price has surged 50%, with a 37% increase in May alone.
More importantly, NASA is one of the few existing SpaceX ETFs already available to retail investors, given that the company currently accounts for around 7% of the fund.
Currently, the fund has a gross expense ratio of 0.94% and a net expense ratio of 0.87%.
Ark Space & Defense Innovation ETF (ARKX)
Ark already has exposure to SpaceX thanks to the Ark Venture fund, which backs private and public companies alike.
Accordingly, it is possible that its Space & Defense Innovation ETF (ARKX) will add SpaceX shares directly once they’re available.
In addition, the ARKX space ETF also invests in related sectors such as reusable rockets and advanced battery technologies.
The fund is up around 20% year-to-date, offering a gross expense ratio of 0.75%. At press time, its AUM sat at $893 million.
Procure Space ETF (UFO)
The Procure Space ETF (UFO) provides ‘diversification beyond the limitations of solely earthbound companies,’ to quote the official website.
UFO launched in 2019, and after years of muted performance, it skyrocketed in 2025. Now, it is up 130% on the yearly chart, and it has gained 40% since January alone.
However, it must be admitted that UFO has been on a downtrend so far in June, losing more than 10% over the past week.
Still, considering its overall performance in the past year and the proximity of the SpaceX launch, the fund is still worth keeping an eye on in the following days.
Currently, it has an expense ratio of 0.75% and $1.25 billion in assets under management, the largest holdings being Planet Labs (NYSE: PL) and RocketLab (NASDAQ: RKLB).
Featured image via Shutterstock
