aerospace / news / / The Mercury News
The Procure Space ETF (ticker: UFO) pulled in nearly $175 million for the first quarter of the year.
SpaceX has confidentially filed for an IPO, targeting a valuation above $2 trillion.
KEY POINTS
- The Procure Space ETF (UFO) saw record inflows of $175 million in Q1 2024.
- Satellogic Inc., backed by Liberty Strategic Capital, has surged nearly 280% this year.
- The UFO ETF gains indirect SpaceX exposure through EchoStar Corp.'s small stake in SpaceX.
- Investor focus in the space sector has shifted from tourism to satellites and lunar infrastructure.
COMPANIES
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