SpaceX's IPO Was Just the Beginning. Here's How Investors Can Still Ride the Opportunity.
SpaceX's IPO Was Just the Beginning. Here's How Investors Can Still Ride the Opportunity.

SpaceX's IPO Was Just the Beginning. Here's How Investors Can Still Ride the Opportunity.

Mon, Jun 29, 2026 3:24 PM

For investors, the story is no longer just about SpaceX shares. A new ecosystem of SpaceX-focused ETFs has emerged, offering different ways to participate in the world's most closely watched space company — whether you're bullish, cautious, or simply interested in the future of the space economy.

Here's what each ETF does, who it may be suitable for, and what investors should understand before trading them.

Why Is SpaceX Capturing So Much Attention?

SpaceX is no longer just a rocket company. Through Starlink, launch services, satellite infrastructure and emerging AI initiatives, it sits at the intersection of several of the market's most powerful long-term themes.

Many investors view SpaceX as exposure to the future of global connectivity, defence technology, artificial intelligence and commercial space exploration — all within a single company.

That combination helps explain why SpaceX quickly became one of the most actively traded new listings in recent years.

First: why did SPCX pull back so sharply?

Three things happened in quick succession:

Underneath all of this: only 4–5% of SpaceX shares are publicly tradeable right now. With that little supply, a relatively small wave of selling moves the price dramatically. This works both ways — it's what caused the explosive first week and the sharp reversal.

The business hasn't changed. Starlink has 10.3 million subscribers across 160 countries. Revenue grew to USD18.7 billion in 2025. Goldman Sachs projects USD474 billion by 2030. The fundamentals are intact. The price is finding its level.

What is an ETF, and why does it matter here?

An ETF (Exchange Traded Fund) is a basket of assets you buy and sell like a single stock. Instead of researching and buying multiple companies, you buy one ETF and instantly hold a slice of all of them.

The SpaceX ETFs on Rakuten Trade fall into three distinct types. They work very differently, carry different risks, and suit different types of investors.

Type 1: Thematic ETFs — for long-term space economy believers

These ETFs may appeal to investors who believe in the long-term growth of the space economy but prefer a diversified approach rather than relying on a single stock.

Instead of betting entirely on SpaceX, investors gain exposure to a broader ecosystem that includes satellite communications, aerospace, launch technology, advanced manufacturing and related innovation themes.

Type 2: Leveraged Long ETFs — for active traders with a bullish short-term view

The popularity of SpaceX has also created demand from active traders seeking amplified exposure to short-term price movements.

This is where leveraged ETFs come in. However, these products are designed very differently from traditional ETFs and require a clear understanding of how daily compounding works. These ETFs seek 200% of SPCX's daily return. If SPCX rises 5% today, they target +10%. If SPCX falls 5%, they target -10%.

The critical thing to understand — volatility decay:

Leveraged ETFs RESET EVERY SINGLE DAY. They are NOT the same as holding '2X the stock.'

Example:

Type 3: Inverse ETFs — for active traders with a bearish short-term view

Not every investor expects SpaceX to move higher. Some may believe the stock has run ahead of fundamentals, while others may be positioning for increased volatility around future events such as lock-up expiries, capital raising or earnings announcements.

Inverse ETFs provide a way to express that view without short-selling shares directly. Inverse ETFs move in the OPPOSITE direction to SPCX. When SPCX falls, they rise.

Which ETF is right for you?

One date every SPCX investor should know

December 2026.

Right now, only 4–5% of SpaceX shares are publicly tradeable. The remaining 95–96% are locked up — held by early employees, investors and the underwriting banks who can't sell yet. When those lock-ups expire in December, a large wave of supply enters the market. This is a known event. Traders can build a strategy around it in advance. (Elon Musk's own shares are locked until June 2027.)

Explore All 13 SpaceX ETFs on Rakuten Trade

This article is for educational purposes only and does not constitute financial advice. All investments carry risk including the risk of total loss. Leveraged and inverse ETFs are high-risk products designed for experienced, active traders who understand daily reset mechanics and volatility decay. Please read the relevant prospectus before investing and consult a licensed financial adviser. This advertisement has not been reviewed by the Securities Commission Malaysia.