SpaceX IPO Drives Boom in Space ETFs

By EC Assets · Published 22 May 2026 · Updated 22 May 2026

Space ETFs are experiencing a surge in activity due to anticipation surrounding SpaceX's upcoming initial public offering. SpaceX has officially filed for its IPO, with shares set to be available to retail investors through platforms such as Fidelity, Robinhood, and Charles Schwab. The company is targeting an IPO date as early as July, with its investor roadshow scheduled to begin in June. SpaceX is aiming for a $75 billion raise at a valuation between $1.75 trillion and $2 trillion. The company intends to list on Nasdaq under the ticker SPCX. Some reports indicate the company could raise over $30 billion with a valuation reaching nearly $1.5 trillion. This IPO is touted to be the largest public offering in history, potentially surpassing the record set by Saudi Aramco in 2019. The company's prospectus reads like a growth pitch, and its move toward a blockbuster IPO has impacted Wall Street. Space-focused companies like AST SpaceMobile and Virgin Galactic have seen increases of more than 7%. Notably, an ETF specializing in satellite, space communication, and launch companies is up 51% year to date. SpaceX is a significant holding in several ETFs, including Baron Capital's Partners Fund (BPTRX) and Growth Fund (BFGFX), where it accounts for almost 30% and 19% of holdings, respectively. SpaceX is adopting an unusual strategy that may allow pre-IPO investors to sell shares sooner than is typical. The company reportedly intends to make IPO shares accessible to retail investors. Elon Musk is estimated to own approximately 42% of SpaceX. This article is intended for informational purposes only. It does not constitute investment advice.