SpaceX seems to be a company with plans that are too big to ignore, especially with potential space-based data centers, and now even Muskʼs compensation being tied to things like Mars colonization and a possible $7.5 trillion valuation target (as per Reuters report). Apparently SpaceX may also be targeting an IPO around Muskʼs birthday (June 28), with a possible valuation near $1.75 trillion.
The question is how to invest in SpaceX before the IPO? So wondering is there a sensible way to get exposure through ETFs or listed vehicles before June?
I was looking at XOVR ETF of which SpaceX makes up of 23% weight. It also seems to be a low cost option as it is trading close to NAV with SpaceX valuation not yet marked up (~1T$-$1.25T). Therefore, offering at least double digit upside in just couple of months.
Curious how others are approaching this. Is anyone here using ETFs as indirect SpaceX exposure?