Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Defiance launches 2X leveraged ETF for SpaceX, highlighting its broad business beyond rockets.

Market News
15 Jun 2026
Chandrima Sanyal
View Source
Bullish
pluang ai news

Defiance ETFs has launched the Defiance Daily Target 2X Long SpaceX ETF (SPCU), offering leveraged exposure to SpaceX shares. Defiance's CIO Sylvia Jablonski emphasizes that investors often mistakenly view SpaceX solely as a rocket company, overlooking its broader infrastructure spanning communications, defense, AI connectivity, and space-based data services. The ETF targets active traders seeking amplified short-term exposure, while Jablonski highlights Starlink's potential as a major growth driver and SpaceX's role in AI infrastructure. The launch reflects confidence in SpaceX's diverse business model and growth prospects beyond traditional aerospace comparisons.

More News (SPCX)

SpaceX IPO hits $2.9T valuation with unique lockup; short-term gains likely, but correction expected in late 2026-early 2027.

SpaceX IPO hits $2.9T valuation with unique lockup; short-term gains likely, but correction expected in late 2026-early 2027.

SpaceX's IPO on June 12, 2026, raised $75 billion at a $1.8 trillion valuation, quickly climbing to $2.9 trillion market cap. The IPO had a tiny 4% float and was heavily oversubscribed, driving early price gains. Its unusual lockup structure allows i...

Market News
Bullish
7 hours ago
SpaceX options trading surges with high volatility; a low-risk strategy is recommended for investors.

SpaceX options trading surges with high volatility; a low-risk strategy is recommended for investors.

SpaceX's options trading began recently with a huge surge in volume and very high implied volatility, reaching 93% on Wednesday. This high volatility indicates significant market expectations for price movement, though it has slightly tempered since ...

Technical Signals
Bullish
8 hours ago
SpaceX shares drop 20% post-IPO surge, wiping out most gains for average investors.

SpaceX shares drop 20% post-IPO surge, wiping out most gains for average investors.

SpaceX's stock price fell 6% to just under $180, erasing much of the 20% gain it saw after its IPO debut at $135. The stock had briefly soared above $225 but has since retreated to levels seen on the second trading day. This pullback means the averag...

Market News
Bearish
10 hours ago
SpaceX stock splits analysts: Oppenheimer bullish at $250, Burry cautious, citing high valuation risks.

SpaceX stock splits analysts: Oppenheimer bullish at $250, Burry cautious, citing high valuation risks.

SpaceX stock faces a split in analyst views: Oppenheimer raised its price target to $250, driven by expected AI revenue growth and Starship's strategic value. Meanwhile, investor Michael Burry sees the stock as overpriced given its massive valuation ...

Analyst Insights
Neutral
12 hours ago
US stock futures rise after Fed holds rates steady; Smith & Wesson and Freecast gain on strong earnings and deals.

US stock futures rise after Fed holds rates steady; Smith & Wesson and Freecast gain on strong earnings and deals.

US stock futures climbed as the Dow Jones, Nasdaq 100, and S&P 500 rebounded following a recent sell-off, with markets closed Friday for Juneteenth. The Federal Reserve kept interest rates unchanged at 3.50%-3.75%, signaling no immediate hikes. Smith...

Market News
Neutral
12 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App