SpaceX Fever Hits ETFs Ahead Of Potential IPO — Smart Bet Or Hype Trade?

benzinga_article
2026.02.11 19:04
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SpaceX's potential IPO is driving ETFs to seek private-market exposure, with funds like Baron Capital's Baron First Principles ETF allocating 14% to the company. This trend reflects a growing interest in early access to private firms, particularly in sectors like space tech and AI. However, regulatory constraints on illiquid assets pose challenges. If SpaceX goes public, thematic ETFs may include its stock, potentially diminishing the appeal of current crossover strategies. The rise of pre-IPO exposure in ETFs indicates a shift in portfolio construction, blurring the lines between public and private investing.