---
title: "SpaceX's epic IPO plan makes obscure ETFs the focus"
description: "As SpaceX plans for an IPO, investors are flocking to the ERShares private/public crossover ETF (XOVR), which has absorbed over $470 million since December 8. This ETF holds a small amount of SpaceX s"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/270060586.md"
published_at: "2025-12-17T20:54:14.000Z"
---

# SpaceX's epic IPO plan makes obscure ETFs the focus

> As SpaceX plans for an IPO, investors are flocking to the ERShares private/public crossover ETF (XOVR), which has absorbed over $470 million since December 8. This ETF holds a small amount of SpaceX shares through an SPV and may be the only U.S.-listed ETF with a position in SpaceX. Due to the influx of funds, its proportion of SpaceX has been diluted to 4% of total assets, with a book valuation of $185 per share, lower than the secondary market price

As investors seek to enter before SpaceX goes public, the niche ETF - ERShares Private-Public Crossover ETF (XOVR) has attracted over $470 million in funds since December 8. This ETF holds a small amount of SpaceX shares through a special purpose vehicle (SPV), making it potentially the only U.S. listed ETF with a position in the company. With a significant influx of funds, the proportion of SpaceX held by the ETF has been diluted to about 4% of total assets, and its book valuation is only $185 per share, far below the recent secondary market prices

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## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
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| Two more xAI co-founders are among those leaving after the SpaceX merger | Two co-founders of xAI, Yuhai (Tony) Wu and Jimmy Ba, have left the company following its merger with SpaceX, which was  | [Link](https://longbridge.com/en/news/275673509.md) |
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| SpaceX Fever Hits ETFs Ahead Of Potential IPO — Smart Bet Or Hype Trade? | SpaceX's potential IPO is driving ETFs to seek private-market exposure, with funds like Baron Capital's Baron First Prin | [Link](https://longbridge.com/en/news/275649721.md) |
| 2026 could be a 'blockbuster year' for IPOs. Is the Renaissance IPO ETF a buy? | In a year when OpenAI, Anthropic, and SpaceX could all go public, this IPO-focused fund deserves a look. | [Link](https://longbridge.com/en/news/275800849.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.