SpaceX Investments: Public Funds to Watch Ahead of the January 2025 Mission

Introduction: SpaceX and the Opportunity for Investors

As SpaceX prepares for its monumental launch on January 10, 2025, interest in investing in the company has reached new heights. However, SpaceX stock remains a privately held entity, meaning direct investment opportunities are limited to venture capital firms and private equity investors.

For retail investors, the question often arises: “How can I buy SpaceX stock?” While direct ownership is not an option, certain public funds have secured stakes in SpaceX, providing a pathway for indirect exposure. This blog highlights these funds, explains how they enable investors to participate in SpaceX’s growth story, and discusses how YCharts can empower advisors and investors throughout this process.

---

How to Buy SpaceX Stock: Indirect Options

Since SpaceX is privately owned, direct investment isn’t an option for most investors. However, mutual funds and ETFs holding SpaceX shares provide an alternative. These funds allow individuals to gain exposure to SpaceX’s growth alongside other innovative companies.

Funds such as ERShares Crossover ETF (XOVR) and ARK Venture Fund allocate significant portions of their assets to SpaceX, making them ideal for investors seeking indirect exposure to the aerospace giant.

---

Top Public Funds Holding SpaceX

Here’s a closer look at the top funds offering access to SpaceX investments:

1. ERShares Crossover ETF (XOVR)

• Overview: ERShares Crossover ETF invests in both public and private companies, focusing on entrepreneurial and disruptive innovation.
• SpaceX Allocation: SpaceX accounts for approximately 12.3% of the fund’s assets as of December 2024.
• Why It Stands Out: By blending public and private equities, XOVR provides a unique opportunity to access SpaceX while diversifying risk.

How to Buy: Available on major brokerage platforms, XOVR is an ETF that can be purchased like any publicly traded stock.

2. ARK Venture Fund (ARKVX)

• Overview: Managed by Cathie Wood’s ARK Invest, the ARK Venture Fund focuses on private market disruptors and future-facing industries.
• SpaceX Allocation: SpaceX is the fund’s largest holding, with a weighting of 12.4%.
• Why It Stands Out: ARK Venture Fund gives investors access to SpaceX and other leading innovators in tech and aerospace.

How to Buy: Investors can purchase ARK Venture Fund through participating brokerages that offer ARK products.

3. Baron Partners Fund (BPTRX)

• Overview: Baron Partners Fund is a mutual fund specializing in high-growth companies across diverse industries.
• SpaceX Allocation: SpaceX makes up approximately 13% of the fund’s assets.
• Why It Stands Out: With a history of identifying market leaders, BPTRX is ideal for long-term investors seeking exposure to SpaceX.

How to Buy: BPTRX can be purchased directly from Baron Funds or through major brokerage platforms.

4. Destiny Tech100 Fund (DXYZ)

• Overview: Destiny Tech100 is a closed-end fund investing in private technology companies, including SpaceX.
• SpaceX Allocation: SpaceX comprises nearly 38% of the fund’s portfolio.
• Why It Stands Out: With its significant SpaceX exposure, DXYZ offers unparalleled access to the company’s growth trajectory.

How to Buy: Destiny Tech100 shares are traded on public markets but may carry liquidity constraints.

5. Fidelity Blue Chip Growth Fund (FBGRX)

• Overview: FBGRX focuses on large-cap companies with strong growth potential, offering a diversified approach.
• SpaceX Allocation: SpaceX is a smaller but strategic component of the fund’s portfolio.
• Why It Stands Out: For investors seeking diversified exposure with SpaceX included, FBGRX balances risk and return effectively.

How to Buy: FBGRX is widely available through Fidelity and major brokerage accounts.

---

How YCharts Can Help

Investing in funds with SpaceX exposure requires thorough research and analysis. YCharts empowers financial advisors and individual investors to make data-driven decisions by providing robust tools for fund evaluation and portfolio management.

Key Features of YCharts

1. Fund Analysis
   • Use YCharts to evaluate the performance, risk, and allocation of funds like ARK Venture, XOVR, and FBGRX.
   • Compare fund metrics such as historical returns, Sharpe ratios, and expense ratios side-by-side.
2. Custom Benchmarking
   • Create benchmarks tailored to your clients’ goals, enabling accurate performance tracking of SpaceX-linked funds against market indices.
3. Visualized Insights
   • Generate custom charts to create clear visuals around performance, risk, and other important statistics on private companies like SpaceX.
   • Show clients how these funds integrate with broader portfolios through advanced visualization tools.
4. Client Communication
   • Leverage YCharts’ report builder to craft compelling narratives for clients, explaining overall exposure to SpaceX through fund holdings and how important events related to SpaceX can impact portfolio returns.
5. Economic Data Integration
   • Enhance your fund analysis by overlaying relevant energy indicators to show how the economic data relates to the fund performance of funds that have exposure to companies like SpaceX.
6. Portfolio Analysis
   • Analyze portfolios that have exposure to holdings like SpaceX to understand how allocations, performance, and risk are impacted at the portfolio level.

Example Use Case:
An advisor preparing for a client meeting can use YCharts to compare the performance of ARK Venture Fund and Destiny Tech100 over the last 3 years, showcasing how these funds provide access to SpaceX while managing risk through diversification.

---

Considerations When Investing in SpaceX Funds

1. How to Evaluate Funds with SpaceX Exposure

When considering funds that include SpaceX, assess the following factors:

• Allocation: Review the percentage of the fund dedicated to SpaceX to ensure it aligns with your risk tolerance.
• Diversification: Evaluate the overall composition of the fund to avoid over-concentration in a single company or sector.

Liquidity: Check whether the fund’s private equity holdings impact its liquidity.

2. Valuation Risks

Some funds, such as Destiny Tech100, may trade at premiums to their net asset value (NAV). Understand these risks before investing.

---

Conclusion: SpaceX and Your Investment Strategy

SpaceX’s leadership in aerospace and innovation makes it one of the most exciting private companies of our time. Public funds like ERShares Crossover ETF, ARK Venture Fund, Baron Partners Fund, Destiny Tech100, and Fidelity Blue Chip Growth Fund offer retail investors valuable pathways to participate in the company’s success.

For those wondering how to buy SpaceX stock, these funds provide an accessible and diversified alternative. With tools like YCharts, advisors can analyze these funds, enhance client communication, and build portfolios that capitalize on SpaceX’s growth while aligning with broader investment goals.

Whenever you’re ready, there are 3 ways YCharts can help you:

1. Looking to better communicate the importance of economic events to clients?

Send us an email at hello@ycharts.com  or call (866) 965-7552. You’ll be directly in touch with one of our Chicago-based team members.

2. Want to test out YCharts for free?

Start a no-risk 7-Day Free Trial.

3. Download a copy of the Quarterly Economic Update slide deck:

Download the Economic Summary Deck:

Disclaimer

©2024 YCharts, Inc. All Rights Reserved. YCharts, Inc. (“YCharts”) is not registered with the U.S. Securities and Exchange Commission (or with the securities regulatory authority or body of any state or any other jurisdiction) as an investment adviser, broker-dealer or in any other capacity, and does not purport to provide investment advice or make investment recommendations. This report has been generated through application of the analytical tools and data provided through ycharts.com and is intended solely to assist you or your investment or other adviser(s) in conducting investment research. You should not construe this report as an offer to buy or sell, as a solicitation of an offer to buy or sell, or as a recommendation to buy, sell, hold or trade, any security or other financial instrument. For further information regarding your use of this report, please go to: ycharts.com/about/disclosure