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SpaceX IPO buzz sends ETF investments soaring

Business

Speculation about SpaceX going public in 2026 has sparked a rush of cash into the ERShares Private-Public Crossover ETF (XOVR).
Since early December, over $470 million has poured in—more than half the fund's total assets—after news broke that a SpaceX IPO could raise $30 billion and value the company at $1.5 trillion.

How XOVR fits into the hype

XOVR stands out because it lets regular investors get indirect access to SpaceX through a special setup.
While its original SpaceX stake shrank from 12% to about 4% due to all the new money coming in, it's still one of XOVR's biggest holdings.