
The ERShares Private-Public Crossover ETF (XOVR) holds nearly 23% of its portfolio in SpaceX, providing direct pre-IPO exposure to investors. In contrast, the ARK Innovation ETF (ARKK) does not hold SpaceX shares but invests in public disruptive technology stocks like Tesla and OpenAI. XOVR benefits from a regulatory allowance to hold private securities, capturing gains from companies transitioning to public markets, while ARKK focuses on liquid public equities. Investors seeking direct SpaceX exposure should consider XOVR, whereas those wanting a diversified public growth portfolio might prefer ARKK. The choice depends on liquidity needs and investment goals, especially until SpaceX goes public.