Original article by Alex Gluyas
The Australian Financial Review – Page: 21 : 11-Jun-26
Data from Reuters shows that investors have sought to buy $US250bn worth of shares in SpaceX via its highly-anticipated IPO. In constrast, the Elon Musk-backed space technology group is seeking to raise just $US75bn from investors. Meanwhile, a growing number of companies that offer exchange-traded funds are seeking to capitalise in the SpaceX float. Global X has launched its Space Tech ETF in Australia ahead of SpaceX’s sharemarket debut this week, while Betashares established its Space Industry ETF in May. However, VanEck and ETF Shares have both ruled out launching a similar product in Australia.
CORPORATES
SPACE EXPLORATION TECHNOLOGIES CORPORATION, GLOBAL X ETFS AUSTRALIA, GLOBAL X SPACE TECH ETF – ASX MOON, BETASHARES CAPITAL LIMITED, BETASHARES SPACE INDUSTRY ETF – ASX RCKT