17:21 - 25.05.2026

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May 25, Fineko/abc.az. Space-focused exchange-traded funds are experiencing rapid growth ahead of the initial public offering (IPO) of billionaire Elon Musk's corporation SpaceX, ABC.AZ informs, referring to Reuters.

According to Morningstar Direct, space-related ETFs have raised $1.3 bn over the past month. As a result, the total assets under management in this segment reached $3.3 bn.

The popularity is conditioned by the imminent IPO of SpaceX. Investors believe that the launch of Elon Musk's company on the stock exchange may be the beginning of significant growth in this industry.