Roundhill Launches Space ETF Ahead of SpaceX IPO — One Holding Already Owns A Piece Of Musk's Rocket Company

Roundhill Investments has launched specialty ETFs focused connected sectors specified arsenic sports betting, weight-loss drugs, autonomous vehicles and the metaverse.

The ETF institution launched its newest thematic ETF connected Thursday with the motorboat of the Roundhill Space & Technology ETF, a pure-play abstraction ETF that comes up of a long-awaited SpaceX IPO reported for 2026.

In a caller interrogation with Benzinga, Roundhill Investments CEO Dave Mazza highlighted artificial intelligence, vigor information and wellness attraction productivity arsenic themes that could payment from the existent White House administration.

Mazza besides called retired abstraction exploration arsenic a cardinal taxable to watch.

"With a model (albeit early) present successful place, determination is simply a wide accidental for abstraction exploration companies that person the tailwind of supportive U.S. authorities policy," Mazza told Benzinga.

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Several months later, the Roundhill Space & Technology ETF is present with the clever ticker of "MARS."

"Roundhill believes the abstraction system is transitioning from government-driven exploration to commercial-scale infrastructure," the company's website reads.

The actively managed ETF volition question to put successful companies that person vulnerability to the abstraction system and enabling technologies, with a ample absorption connected the companies "powering industries reliant connected abstraction infrastructure."

"The abstraction system is nary longer a distant frontier; it is simply a captious constituent of the modern planetary infrastructure," Mazza said successful a property release. "With the motorboat of MARS, we are providing investors with a precise instrumentality to entree the ‘pure-play' companies driving this transformation."

Roundhill highlights an estimation of the planetary abstraction system to turn from $630 cardinal successful 2023 to $1.8 trillion successful 2035, according to McKinsey.

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The Roundhill Space & Technology ETF has 23 holdings to start. Here are the existent apical 10 holdings of the ETF arsenic of Thursday:

Rocket Lab: 10.33%

AST SpaceMobile: 9.99%

EchoStar Corporation: 8.99%

Planet Labs: 5.59%

Globalstar: 5.48%

Viasat Inc: 5.12%

OHB SE (international): 4.85%

SKY Perfect (international): 4.77%

MDA Space (international): 4.27%

Intuitive Machines: 3.98%

The money is heavy weighted among its apical 10 holdings with the apical 3 holdings making up 29.3% of assets currently.