Investors exploring fund options to gain exposure to SpaceX, a private company valued at $350 billion.

From Nasdaq: 2025-01-31 14:36:00

SpaceX, a highly valued private company, is drawing significant investor interest. With no public shares available, retail investors are exploring fund options to gain exposure. SpaceX’s success, led by Elon Musk, includes a monopoly on rocket launches and a soaring valuation of $350 billion, up from $210 billion in June 2024.

Baron Mutual Funds, managed by supporter Ron Baron, have significant stakes in SpaceX. Funds like Baron Partners and Baron Focused Growth hold 15% and 11% of their assets in SpaceX, respectively. These funds have outperformed the S&P 500, with Tesla as their top holding.

The Destiny Tech 100 fund invests in private tech companies like SpaceX, making up 37% of its portfolio. Despite a volatile performance, the fund trades at a significant premium to its net asset value. Similarly, ARK Venture Fund, managed by Cathie Wood, holds SpaceX as its largest position, with private companies comprising 83% of its portfolio.

The Entrepreneur Private-Public Crossover ETF is the first to hold SpaceX, facing challenges with determining fair value. With $300 million in assets and a 0.75% expense ratio, the ETF’s SpaceX position has slightly decreased. The ETF structure provides retail investors with access to private companies like SpaceX.

As private assets gain traction, major asset managers are exploring ways to offer them to retail investors. BlackRock and State Street are making moves into private markets, aiming to package private assets into ETFs. Innovations in the ETF industry are expected to lead to more private asset ETFs in 2025, offering new investment opportunities.



Read more at Nasdaq: Invest in SpaceX? What You Need to Know