SpaceX Gets 2x Long and Short ETFs as 11 Leveraged Funds Queue Up

businessstocks 246 posts · 105 accounts

Leveraged exchange-traded funds tied to Elon Musk's SpaceX began trading Monday, adding daily long and short vehicles linked to the stock days after the company's record $75 billion initial public offering. Products now live included Leverage Shares' SPCH and SSPC, which target plus or minus 2x daily returns, and GraniteShares' SPAL and SNK; earlier in the day, ETF analyst Eric Balchunas said 11 leveraged SpaceX ETFs from seven issuers were pending listing.

The launch broadens a rapid post-IPO ETF buildup around SpaceX. The stock rose 19% in its Nasdaq debut to a market value above $2 trillion, and it had already been added to 40 ETFs within a day of listing. The new leveraged products are designed to magnify the stock's daily move, extending SpaceX exposure from conventional fund ownership into higher-risk short-term trading instruments.

From the sources (25 posts)

@cnbc

Elon Musk and SpaceX President and COO Gwynne Shotwell rang the opening bell on Friday, with Musk in Texas and Shotwell at the Nasdaq in New York City, ahead of SpaceX's historic market debut. More details: https:/

@exec_sum

BREAKING: SpaceX shares to open at $171 in debut vs $135 IPO price $SPCX

@kobeissiletter

Many are asking why is SpaceX, $SPCX, NOT trading yet? Here's exactly how the IPO process works and when the shares will be available to trade (Bookmark this): The IPO was quoted at 9:50 AM ET and was expected to begin trading at 10:00 AM

@ft

SpaceX’s record-setting initial public offering, in charts:

@reuters

SpaceX priced the world's biggest ever initial public offering at $135 per share on June 11, raising a record $75 billion and valuing the company at $1.77 trillion. Follow our live coverage of the SpaceX IPO here ➡️

@zerohedge

*SPACEX SHARES INDICATED TO OPEN AT $174 EACH, IPO PRICE $135

@polymarket

JUST IN: 400 current & former SpaceX employees are poised to become worth over $100 million from the IPO.

@polymarket

NEW: SpaceX is indicated to open +29% above its IPO price in debut trading.

@stocksavvyshay

$SPCX is now indicated to open at $175 per share

@katie_roof

RT @business: SpaceX’s historic $75 billion IPO drew more than $350 billion in demand from institutions and retail investors, sources say h…

@newswire_us

RT @PolymarketMoney: POLYMARKET PROJECTS $174 OPENING SPACEX SHARE PRICE, IMPLYING A 29% OPENING POP.

@jawwwn_

.@elonmusk on the SpaceX IPO: “It’s hard to believe a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever.” “If people told me this was going to happen—I would’ve been like, ‘’Man, you mu

@mzhemingway

RT @zerohedge: *SPACEX SHARES INDICATED TO OPEN 29% ABOVE IPO PRICE IN DEBUT

@moreperfectus

SpaceX just went public. Elon Musk is using your retirement savings to become the world’s first trillionaire.

@coindesk

NOW: SpaceX ($SPCX) has officially begun trading on the Nasdaq.

@coindesk

UPDATE: SpaceX shares indicated to open at $174, per Reuters.

@ryanwatkins_

RT @mlmabc: Hyperliquid (Tradexyz) traders predicted the exact opening price of SpaceX. The Hyperliquid SpaceX perp was trading at 171 jus…

@billyuchenlin

RT @SpaceX: Follow today’s $SPCX events →

@theinsiderpaper

BREAKING: Elon Musk rings the opening bell - SpaceX is officially public. - SpaceX trades on NASDAQ $SPCX - Elon Musk becomes trillionaire

@osint613

SpaceX set to top $2 trillion in market value in its Nasdaq debut. Shares indicate an open at $175, a nearly 30% jump from the $135 IPO price.

@faytuksnetwork

SpaceX's IPO (Initial Public Offering) has made Elon Musk the world's first trillionaire. Prior to the IPO, Musk was worth an estimated $813 billion, per CBS.

@bitcoinmagazine

JUST IN: Elon Musk's SpaceX officially becomes 8th largest public Bitcoin holder with 18,712 BTC 🚀

@osint613

Elon Musk is now the world's first trillionaire after SpaceX went public. He was worth an estimated $813 billion before the IPO, per CBS.

@cgasparino

Nasdaq and Russell bent their own rules to get SpaceX into their indexes. S&P held the line and public outcry may have swung that, I wrote about it in the Post. New Risk & Return with @BobSloanS3 we get into what that says about a $75B IP

@phildstewart

(Reuters) - The landmark listing cemented Musk's status as the first trillionaire ever and propelled SpaceX into the ranks of the world's most valuable companies - even though the firm posted a loss of nearly $5 billion last year and gener

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