Global X Eyes Space Surge With High-Conviction ORBX ETF
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Global X Management Company has launched the Global X Space Tech ETF (NASDAQ:ORBX) to capitalize on the growing space economy, targeting companies involved in rockets, satellites, and data services. The ETF aims to provide focused exposure to firms generating at least 50% of their revenue from space-related activities. With the global space economy projected to reach $1 trillion in annual revenue within a decade, ORBX is designed to minimize dilution from broader tech ETFs. The fund has an expense ratio of 0.50% and will include new space-related IPOs, enhancing its investment scope.
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