ETF giants rush to pounce on SpaceX hype with new funds

The race is on for exchange-traded fund providers to launch products before Elon Musk’s blockbuster SpaceX IPO at the end of the week as they look to capitalise on the enormous demand from retail investors desperate for some exposure.

Global X is the latest to launch a space ETF on the Australian sharemarket, just a day before the world’s largest rocket company hits the boards in New York on Friday (Saturday AEST).

Source: https://www.afr.com/markets/equity-markets/etf-giants-rush-to-pounce-on-spacex-hype-with-new-funds-20260610-p605ei