The Procure Space ETF (UFO) gained 69% from December 31, 2025, to May 29, 2026, driven mainly by anticipation of a SpaceX IPO potentially valued at $1.5 trillion. The ETF, which tracks 49 space-related companies, also benefited from strong performances by holdings like Rocket Lab and AST SpaceMobile, as well as supportive U.S. space policy and new retail access via Coinbase. However, about 60% of its holdings are pre-profit and the valuation is stretched, making the recent surge event-driven rather than steady growth. Key factors to watch include the timing and valuation of the SpaceX IPO, defense budget allocations for space programs, execution by top holdings, and upcoming index rebalances.
The recent SpaceX IPO has reduced Rocket Lab's scarcity premium, meaning investors now have direct access to space industry investments through SpaceX. However, Rocket Lab's core business model remains unchanged, with opportunities focused on becomin...
The U.S. Space Force awarded SpaceX a $4.16 billion contract for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program, aimed at creating a satellite network to track airborne threats. Alongside SpaceX, Rocket Lab, Lockheed Martin, and L...
Rocket Lab launched the VICTUS HAZE mission for the U.S. Space Force just 16 hours and 42 minutes after receiving the launch order, beating the previous record by over 10 hours. This rapid turnaround demonstrates Rocket Lab's ability to provide a ful...
Rocket Lab launched the VICTUS HAZE mission for the U.S. Space Force just 16 hours and 42 minutes after receiving the launch order, breaking the previous record by over 10 hours. This rapid launch demonstrates a new global standard in responsive spac...
Fortrade has expanded its trading platform by adding new shares in sectors like artificial intelligence hardware, optical networking, space systems, and advanced materials. This move responds to growing client demand for access to companies driving t...
