New Wave of SpaceX ETFs Emerges Amid IPO Frenzy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: stocktwits
- Investor Enthusiasm: Orders for SpaceX's IPO have reportedly topped $250 billion, nearly four times the offering size, indicating strong market interest that is expected to drive the performance of related ETFs.
- Intensifying ETF Competition: The launch of ProShares Ultra SpaceX ETF (SPCF) coinciding with SpaceX's IPO aims to deliver 2x daily returns, reflecting the growing demand for high-leverage investment products in the market.
- Fast-Entry Mechanism: BlackRock's iShares Space Technologies UCITS ETF (STAR) introduces a fast-entry mechanism allowing newly listed companies to be quickly added, potentially increasing its holdings of SpaceX post-IPO and enhancing the ETF's appeal.
- Market Share Battle: With only about 7% of SpaceX shares expected to be freely tradable, demand for diversified space ETFs has surged, leading to over $4.12 billion in inflows into ETFs like UFO and NASA, showcasing the investment frenzy in the space sector.
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Analyst Views on ASTS
Wall Street analysts forecast ASTS stock price to fall
8 Analyst Rating
3 Buy
4 Hold
1 Sell
Hold
Current: 92.060
Low
43.00
Averages
91.68
High
137.00
Current: 92.060
Low
43.00
Averages
91.68
High
137.00
About ASTS
AST SpaceMobile, Inc. is engaged in building a global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on its intellectual property (IP) and patent portfolio and designed for both commercial and government applications. The Company is engaged in designing and developing the constellation of BlueBird (BB) satellites and has planned a space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. Its SpaceMobile Service is being designed to provide high-speed cellular broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The Company intends to continue testing capabilities of the BW3 test satellite, including further testing with cellular service providers and the government. The Company has operations in India, Scotland, Spain, and Israel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SpaceX IPO Raises Pressure on ASTS Stock
- SpaceX IPO Pricing: SpaceX plans to debut at $135 per share, implying a staggering $1.77 trillion valuation, raising concerns about capital potentially rotating out of other space stocks, which could negatively impact companies like ASTS.
- ASTS Stock Decline: AST SpaceMobile's shares fell nearly 2% on Monday to their lowest levels in nearly three weeks, as investor anxiety over SpaceX's impending IPO intensified, leading to ASTS's longest losing streak of 2026 and reflecting a pessimistic outlook on its future prospects.
- Analyst Rating Adjustments: Barclays lowered its price target for ASTS from $65 to $60, indicating a 35% downside from current levels, and while acknowledging the company's potential role in the direct-to-device communications market, it deemed the risk-reward profile unattractive at this time.
- Shifting Market Sentiment: A recent Stocktwits poll revealed that retail sentiment for ASTS has shifted from 'extremely bullish' to 'bearish' within a week, indicating that investor focus on the SpaceX IPO may be undermining confidence in ASTS.
See More
New Wave of SpaceX ETFs Emerges Amid IPO Frenzy
- Investor Enthusiasm: Orders for SpaceX's IPO have reportedly topped $250 billion, nearly four times the offering size, indicating strong market interest that is expected to drive the performance of related ETFs.
- Intensifying ETF Competition: The launch of ProShares Ultra SpaceX ETF (SPCF) coinciding with SpaceX's IPO aims to deliver 2x daily returns, reflecting the growing demand for high-leverage investment products in the market.
- Fast-Entry Mechanism: BlackRock's iShares Space Technologies UCITS ETF (STAR) introduces a fast-entry mechanism allowing newly listed companies to be quickly added, potentially increasing its holdings of SpaceX post-IPO and enhancing the ETF's appeal.
- Market Share Battle: With only about 7% of SpaceX shares expected to be freely tradable, demand for diversified space ETFs has surged, leading to over $4.12 billion in inflows into ETFs like UFO and NASA, showcasing the investment frenzy in the space sector.
See More
Mixed US Stock Performance as Trump Hints at Iran Deal
- Divergent Market Performance: The S&P 500 fell by 0.3% and the Nasdaq 100 by 1.1%, while the Dow Jones rose by 0.2%, indicating investor concerns over tech stocks contrasted with stability in traditional sectors.
- Trump's Remarks Impact: President Trump suggested a potential deal with Iran could be reached in two to three days, prompting cautious market reactions despite the possibility of positive implications for oil prices.
- Precious Metals Decline: Gold and silver prices hit their lowest levels of the year as rising expectations of Federal Reserve interest rate hikes dampened demand for these metals, contributing to overall market uncertainty.
- Tech Stocks Under Pressure: Concerns over the Fed's monetary policy led to another decline in tech stocks, particularly among chipmakers linked to AI, reflecting investor wariness regarding high valuations.
See More
SpaceX IPO Sparks Surge in Space ETFs
- Market Anticipation: SpaceX's upcoming IPO on June 12 is expected to be the largest in history, driving a surge in space-themed ETFs, indicating strong investor interest in the space sector.
- ETF Performance: The Tema Space Innovators ETF (NASA) rose by 5.19% in the past day, while the ERShares Private-Public Crossover ETF (XOVR) increased by 1.95%, reflecting robust demand for SpaceX and optimistic investor sentiment.
- Portfolio Analysis: The NASA ETF allocates only 6.4% of its portfolio to SpaceX, with other major holdings including Rocket Lab and EchoStar, and despite its high expense ratio of 0.75%, it is considered a comprehensive investment option in the space market.
- Risk Warning: While these ETFs offer indirect exposure to SpaceX, they cannot sell their shares for 180 days post-IPO, potentially facing market volatility and value detachment risks, prompting investors to proceed with caution.
See More
Space ETFs Surge Ahead of SpaceX's Historic IPO
- Strong ETF Performance: Space-themed ETFs like Tema's Space Innovators ETF (NYSEMKT: NASA), ERShares Private-Public Crossover ETF (NASDAQ: XOVR), and Baron First Principles ETF (NYSE: RONB) have surged due to their exposure to SpaceX's special purpose vehicles (SPVs), reflecting strong market anticipation for SpaceX's upcoming IPO.
- High Fee Ratio Risks: While these ETFs offer indirect investment opportunities in SpaceX, their expense ratios range from 0.75% to 1.00%, which could diminish long-term returns for investors, especially during market volatility.
- Portfolio Allocation: The NASA ETF allocates only 6.4% of its portfolio to SpaceX, while XOVR and RONB allocate 13.2% and 11.8%, respectively, indicating varying degrees of reliance on SpaceX that may impact their performance post-IPO.
- Lock-Up Period Restrictions: These ETFs cannot sell their SpaceX shares for 180 days after the IPO, which means they may face greater risks during market fluctuations, particularly if SpaceX's stock price declines.
See More
AST SpaceMobile Announces Launch of BlueBird Satellites
- Satellite Launch Announcement: AST SpaceMobile has scheduled the launch of its BlueBird 8, 9, and 10 satellites on June 17 via SpaceX's Falcon 9 from Cape Canaveral, resulting in a 4.82% intraday stock price increase, reflecting positive market sentiment regarding its future prospects.
- Technological Advancement: The next-generation satellites feature communication arrays measuring approximately 2,400 square feet, making them among the largest commercial communications arrays deployed in low Earth orbit, and are expected to deliver nearly double the peak data speeds of the initial Block 1 BlueBirds, enhancing user experience significantly.
- Global Coverage Strategy: These satellites are designed to connect directly to unmodified smartphones without additional hardware, thereby advancing AST SpaceMobile's goal of providing continuous global space-based cellular broadband coverage to meet the increasing demand for connectivity.
- Partnership Network: AST SpaceMobile has agreements with nearly 60 mobile network operators, covering over 3 billion subscribers, with strategic partners including AT&T, Verizon, Vodafone, and Google, further solidifying its market position.
See More
SpaceX IPO Raises Pressure on ASTS Stock
- SpaceX IPO Pricing: SpaceX plans to debut at $135 per share, implying a staggering $1.77 trillion valuation, raising concerns about capital potentially rotating out of other space stocks, which could negatively impact companies like ASTS.
- ASTS Stock Decline: AST SpaceMobile's shares fell nearly 2% on Monday to their lowest levels in nearly three weeks, as investor anxiety over SpaceX's impending IPO intensified, leading to ASTS's longest losing streak of 2026 and reflecting a pessimistic outlook on its future prospects.
- Analyst Rating Adjustments: Barclays lowered its price target for ASTS from $65 to $60, indicating a 35% downside from current levels, and while acknowledging the company's potential role in the direct-to-device communications market, it deemed the risk-reward profile unattractive at this time.
- Shifting Market Sentiment: A recent Stocktwits poll revealed that retail sentiment for ASTS has shifted from 'extremely bullish' to 'bearish' within a week, indicating that investor focus on the SpaceX IPO may be undermining confidence in ASTS.
See More
New Wave of SpaceX ETFs Emerges Amid IPO Frenzy
- Investor Enthusiasm: Orders for SpaceX's IPO have reportedly topped $250 billion, nearly four times the offering size, indicating strong market interest that is expected to drive the performance of related ETFs.
- Intensifying ETF Competition: The launch of ProShares Ultra SpaceX ETF (SPCF) coinciding with SpaceX's IPO aims to deliver 2x daily returns, reflecting the growing demand for high-leverage investment products in the market.
- Fast-Entry Mechanism: BlackRock's iShares Space Technologies UCITS ETF (STAR) introduces a fast-entry mechanism allowing newly listed companies to be quickly added, potentially increasing its holdings of SpaceX post-IPO and enhancing the ETF's appeal.
- Market Share Battle: With only about 7% of SpaceX shares expected to be freely tradable, demand for diversified space ETFs has surged, leading to over $4.12 billion in inflows into ETFs like UFO and NASA, showcasing the investment frenzy in the space sector.
See More
Mixed US Stock Performance as Trump Hints at Iran Deal
- Divergent Market Performance: The S&P 500 fell by 0.3% and the Nasdaq 100 by 1.1%, while the Dow Jones rose by 0.2%, indicating investor concerns over tech stocks contrasted with stability in traditional sectors.
- Trump's Remarks Impact: President Trump suggested a potential deal with Iran could be reached in two to three days, prompting cautious market reactions despite the possibility of positive implications for oil prices.
- Precious Metals Decline: Gold and silver prices hit their lowest levels of the year as rising expectations of Federal Reserve interest rate hikes dampened demand for these metals, contributing to overall market uncertainty.
- Tech Stocks Under Pressure: Concerns over the Fed's monetary policy led to another decline in tech stocks, particularly among chipmakers linked to AI, reflecting investor wariness regarding high valuations.
See More
SpaceX IPO Sparks Surge in Space ETFs
- Market Anticipation: SpaceX's upcoming IPO on June 12 is expected to be the largest in history, driving a surge in space-themed ETFs, indicating strong investor interest in the space sector.
- ETF Performance: The Tema Space Innovators ETF (NASA) rose by 5.19% in the past day, while the ERShares Private-Public Crossover ETF (XOVR) increased by 1.95%, reflecting robust demand for SpaceX and optimistic investor sentiment.
- Portfolio Analysis: The NASA ETF allocates only 6.4% of its portfolio to SpaceX, with other major holdings including Rocket Lab and EchoStar, and despite its high expense ratio of 0.75%, it is considered a comprehensive investment option in the space market.
- Risk Warning: While these ETFs offer indirect exposure to SpaceX, they cannot sell their shares for 180 days post-IPO, potentially facing market volatility and value detachment risks, prompting investors to proceed with caution.
See More
Space ETFs Surge Ahead of SpaceX's Historic IPO
- Strong ETF Performance: Space-themed ETFs like Tema's Space Innovators ETF (NYSEMKT: NASA), ERShares Private-Public Crossover ETF (NASDAQ: XOVR), and Baron First Principles ETF (NYSE: RONB) have surged due to their exposure to SpaceX's special purpose vehicles (SPVs), reflecting strong market anticipation for SpaceX's upcoming IPO.
- High Fee Ratio Risks: While these ETFs offer indirect investment opportunities in SpaceX, their expense ratios range from 0.75% to 1.00%, which could diminish long-term returns for investors, especially during market volatility.
- Portfolio Allocation: The NASA ETF allocates only 6.4% of its portfolio to SpaceX, while XOVR and RONB allocate 13.2% and 11.8%, respectively, indicating varying degrees of reliance on SpaceX that may impact their performance post-IPO.
- Lock-Up Period Restrictions: These ETFs cannot sell their SpaceX shares for 180 days after the IPO, which means they may face greater risks during market fluctuations, particularly if SpaceX's stock price declines.
See More
AST SpaceMobile Announces Launch of BlueBird Satellites
- Satellite Launch Announcement: AST SpaceMobile has scheduled the launch of its BlueBird 8, 9, and 10 satellites on June 17 via SpaceX's Falcon 9 from Cape Canaveral, resulting in a 4.82% intraday stock price increase, reflecting positive market sentiment regarding its future prospects.
- Technological Advancement: The next-generation satellites feature communication arrays measuring approximately 2,400 square feet, making them among the largest commercial communications arrays deployed in low Earth orbit, and are expected to deliver nearly double the peak data speeds of the initial Block 1 BlueBirds, enhancing user experience significantly.
- Global Coverage Strategy: These satellites are designed to connect directly to unmodified smartphones without additional hardware, thereby advancing AST SpaceMobile's goal of providing continuous global space-based cellular broadband coverage to meet the increasing demand for connectivity.
- Partnership Network: AST SpaceMobile has agreements with nearly 60 mobile network operators, covering over 3 billion subscribers, with strategic partners including AT&T, Verizon, Vodafone, and Google, further solidifying its market position.
See More
