Nearly 200 ETFs Build Positions in SpaceX, with the Largest Single Holding Exceeding $500 Million
0xBroomberg
Within weeks of SpaceX's listing, nearly 200 ETFs have taken positions, with BlackRock's single fund holding roughly $519 million — passive index trackers and active managers are moving in simultaneously, racing to add exposure from multiple angles.
Who has the heaviest portfolio weight?
By weight, thematic ETFs lead the pack: MOON (Baron First Principles ETF) allocates 30.4% of its portfolio to SpaceX, worth roughly $177.6 million — the highest weight of any fund.
MARS (Roundhill Space & Technology ETF) and WARP (VanEck Space ETF) follow at 24.1% and 23.0% respectively.
This means → these space- and frontier-tech-themed funds have placed between a quarter and a third of their entire bet on a single company — an exceptionally high concentration.
Who holds the most in dollar terms?
By absolute dollar exposure, large diversified tech funds dwarf the thematic names: BlackRock's iShares AI Innovation and Tech Active ETF (BAI) holds roughly $519.3 million in SpaceX, yet that position accounts for only 3.1% of the fund's assets.
ARK Innovation ETF (ARKK) holds about $341.6 million, or 4.9% of assets — second largest.
In plain terms = big funds spend more dollars but barely notice the position; small thematic funds spend less but have made SpaceX their main course.
What other big names are at the table?
Other notable holders include Fidelity Nasdaq Composite Index ETF (ONEQ), iShares U.S. Equity Factor Rotation Active ETF (DYNF), and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ).
This reflects a buyer base far wider than space enthusiasts — index trackers, factor-rotation strategies, and options-overlay income funds are all adding exposure.
How are passive and active money arriving at the same time?
SpaceX was officially added to the Russell 1000 index after the U.S. close on June 26. Passive ETFs tracking that index had to buy in to stay aligned — a mandatory allocation.
Meanwhile, actively managed funds like MOON and ARKK chose to add positions on their own judgment — a discretionary bet.
This means → two forces are flowing in at once: one says "the index requires us to buy," the other says "the portfolio manager wants to buy." This passive-plus-active alignment provides strong near-term capital support for SpaceX.
What to watch next?
Whether SpaceX continues to attract incremental capital depends on how its weighting evolves across aerospace, satellite-communications, and next-generation tech thematic portfolios.
In plain terms = the nearly 200 ETFs represent the first wave on board. Whether more funds follow — and whether existing holders add to positions — hinges on SpaceX's shifting place in major indices and thematic baskets.
Content is for reference only, not financial advice.