SpaceX IPO Exposure: Which ETFs, Mutual Funds Own Biggest Share Of Elon Musk's Space Giant?

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SpaceX has filed its paperwork to go public, with an offering likely valuing the Elon Musk-founded space company at $1.75 trillion or more. Investors looking to get access to SpaceX stock ahead of the IPO have several options from public companies, mutual funds and ETFs.

Here’s a look at the funds that own SpaceX stock.

Top Funds for SpaceX Exposure

There used to be a limited number of ETFs that offered exposure to the space sector, with the Procure Space ETF the first pure-play for the sector. That ETF might be waiting to add SpaceX stock exposure until the company is officially public.

Some mutual funds and ETFs offer exposure ahead of the IPO, according to data compiled by Bloomberg ETF writer James Seyffart.

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These are the current top 10 funds (mutual funds and ETFs) that have SpaceX stock based on the weighting of the space company in the fund. Here are the funds and the percentage of assets SpaceX represents.

Baron Partners Fund (BPTRX): 33% of assets
Baron Asset Fund (BARAX): 25.5%
Baron Focused Growth Fund (BFGFX): 21.2%
Baron Global Opportunity Fund (BGAIX): 20.5%
ERShares Private-Public Crossover ETF (XOVR): 20%
The Private Shares Fund (PRIVX): 18.3%
Baron Opportunity Fund (BIOPX): 15.4%
Baillie Gifford US Growth Trust PLC (USA): 11.4%
Ark Venture Fund (ARKVX): 10.3%
Tema Space Innovators ETF (NASA): 10.2%

It shouldn’t come as a huge surprise that the funds from Baron Capital have large weightings for SpaceX. Ron Baron has been a big believer in SpaceX for years and one of the company’s biggest bulls

In a recent interview, Baron said SpaceX could be worth $10 to $30 trillion in the future.

“This is going to become the largest company on the planet,” Baron told CNBC.

Baron said he plans on buying another $1 billion in SpaceX stock at the IPO if he’s able to get filled.

Baillie Gifford and Ark Invest have also been big bulls on SpaceX and everything Musk-related with funds from those two companies appearing on the list.

The two ETFs, which generally have lower expense ratios than mutual funds, make the list and might be the easiest and cheapest way for investors to get early exposure to SpaceX.