SpaceX’s Record IPO Plan Pushes Obscure ETF Into the Spotlight
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:SpaceX offices in Hawthorne, California.A bid by individual investors to grab a sliver of SpaceX before it goes public has propelled a niche ETF into the spotlight, highlighting retail euphoria over Elon Musk’s business empire and the scramble for private-company exposure.The ERShares Private-Public Crossover ETF (ticker XOVR) has taken in more than $470 million since Dec. 8 — more than half its total assets — as investors seek to get in on what could become the biggest initial public offering ever.