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re: You can own SpaceX in a ETF. XOVR

Posted on 12/5/24 at 8:58 pm to
Posted by The Baker
This is fine.
Member since Dec 2011
17083 posts
Posted on 12/5/24 at 8:58 pm to
I hope spacex never goes public.

At least until we have a sustained settlement on mars.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
81994 posts
Posted on 12/5/24 at 9:23 pm to
quote:

I’m in both and it’s in both


SAME
Posted by slackster
Houston
Member since Mar 2009
89434 posts
Posted on 12/5/24 at 10:21 pm to
So you get, at most, 6% SpaceX (which I highly doubt because their only non-public holding is 6% in a PE fund and I doubt that fund is 100% SpaceX), and 94% other stuff, run by a strategy that has gained only half the return of the Russell 1000 growth index since the ETF became available?

The SpaceX PR is just marketing.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
81994 posts
Posted on 12/6/24 at 8:03 am to
quote:

slackster




imagine being mad at people having some fun with this.
Posted by slackster
Houston
Member since Mar 2009
89434 posts
Posted on 12/6/24 at 9:34 am to
quote:

imagine being mad at people having some fun with this.


Why would I be mad?

Just calling a spade a spade with the marketing ploy.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
8767 posts
Posted on 12/6/24 at 12:46 pm to
Yeah, it shows up on Schwab for me today. Morningstar 1* rating, high risk with low returns, somehow losing 18% over the last 3 years (which is truly unfathomably bad performance in this market). A fractional % of the fund in SpaceX isn't going to make this dog hunt, imo.
Posted by cgrand
HAMMOND
Member since Oct 2009
43131 posts
Posted on 12/6/24 at 1:11 pm to
the private equity and index tracking for this fund are relatively new so I’m not sure past results are a good measure but we will see. This ETF is really the only way retail can get any purchase on spaceX even if is minimal

which is brilliant marketing by the fund managers well. It can be both.

I wouldn’t buy this but I hope it goes up
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