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Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade
Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of this past trading week, had reached over $2.6 billion in assets. That rapid rise is due in part to retail investors hunting for exposure to SpaceX before it goes public.
My guide to the IPOs of SpaceX, OpenAI and Anthropic — including the one I really want to buy
A couple of years ago, I hit it big at the ponies in an obscure northern track. I met one of the executives there. We took some swell pictures and we now exchange holiday greetings.