Tema Space Innovators ETF holds 11.1% SpaceX pre-IPO stake and rises over 25%
Updated
Updated · Barron's · May 11
Tema Space Innovators ETF holds 11.1% SpaceX pre-IPO stake and rises over 25%
10 articles · Updated · Barron's · May 11
Launched on 31 March under ticker NASA, the actively managed fund accesses SpaceX through a special purpose vehicle and makes the private company its largest holding.
Morningstar says three other ETFs hold SpaceX pre-IPO shares, but none are pure-play space funds; rivals including UFO, ARKX, ROKT, MARS and UFOX have also posted strong 2026 gains.
The rally reflects investor excitement over SpaceX's expected IPO and the wider space economy, while some index providers are changing rules to allow day-one access to future listings.
With SpaceX’s IPO looming, is paying a premium for early ETF access a winning strategy or a speculative trap?
How will SpaceX's massive IPO and new 'fast entry' rules permanently alter strategies for tech investors and index funds?
Tema Space Innovators ETF (NASA): Unlocking Retail Access to SpaceX and the $1.8 Trillion Space Economy
Overview
Launched in March 2026, the Tema Space Innovators ETF (NASA) offers investors a new way to access the fast-growing space industry by focusing on pure-play space companies. What sets this ETF apart is its unique structure that provides direct exposure to SpaceX, a leading private space company, through a Special Purpose Vehicle (SPV). Tema manages and maintains its SpaceX stake, absorbing all related transaction costs for investors. This approach gives shareholders streamlined access to a key player in the space sector, making the ETF an attractive option for those seeking targeted growth opportunities beyond traditional aerospace investments.