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SPCL ETF launches with 2X leveraged exposure to SpaceX on its historic IPO day.

Market News
13 Jun 2026
Na
View Source
Bullish
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Defiance ETFs has launched the Defiance Daily 2X Space ETF (SPCL), the first U.S. ETF to offer daily 2X leveraged exposure to SpaceX shares on its IPO day, priced at $135 per share. SpaceX's IPO values the company at about $1.77 trillion, marking the largest U.S. IPO by market cap. The ETF targets active investors aware of the risks of leveraged investments and aims to provide amplified returns based on SpaceX's stock performance. Investors should note the high volatility and risks associated with this concentrated, leveraged fund, which is designed for short-term trading rather than long-term holding.

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