Core Insights - SpaceX is planning a 2026 IPO with a target valuation of $1.5 trillion, nearly doubling its current private valuation of $800 billion and potentially raising over $30 billion in new capital [1] - The space industry is expected to grow significantly, with projections of 342 orbital launches in 2025, which is double the peak of 1967 [1] - Space ETFs such as Procure Space (UFO), ARK Space (ARKX), and Kensho Final Frontiers (ROKT) are anticipated to benefit greatly from SpaceX's IPO, with potential for triple-digit upside [1] Procure Space ETF (UFO) - UFO ETF provides pure-play exposure to space stocks, with significant holdings in companies like Planet Labs (6.15% weighting) and Rocket Lab [1] - The expense ratio is 0.94%, which is relatively high but justified by the ETF's performance potential [1] ARK Space & Defense Innovation ETF (ARKX) - ARKX is actively managed by Cathie Wood and includes a mix of aerospace, defense, and semiconductor stocks, with Rocket Lab as the largest holding at 9.27% [1] - The ETF has gained 62% over the past year and has an expense ratio of 0.75% [1] State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) - ROKT combines space and deep-sea exploration stocks, which are both seen as high-growth areas [1] - The ETF has a 5.77% weighting in Planet Labs and includes various military aerospace and drone stocks [1] - ROKT has the lowest expense ratio among the three at 0.45% and has risen 75% in the past year [1]
3 Space ETFs With Triple-Digit Upside Potential Once SpaceX Goes Public
247Wallst·2026-01-27 22:22