Thematic ETFs Linked to SpaceX IPO Experience Decline
Following a sharp decline in SpaceX's stock price post-IPO, several thematic exchange-traded funds (ETFs) focused on space and innovation have also dropped. The Tema Space Innovators ETF (NASA), SPDR S&P Kensho Final Frontiers ETF (ROKT), Procure Space ETF (UFO), and ARK Space & Defense Innovation ETF (ARKX) are among those affected, highlighting the volatility of thematic investing.
Topics: ETFs SpaceX stock market performance thematic investing