Procure Space ETF

UFO

Market cap $1.16B

The commercial space sector now sits above $500 billion in market value, per NOAA's Office of Space Commerce, with order books for satellite operators, launch providers, and earth-observation companies stretching years into the future.

SpaceX's IPO appears to be shifting markets around it, with numerous indexes adjusting their holdings and rules to accommodate its blockbuster debut. Strong performances from aerospace and drone companies have already lifted aerospace ETFs, such as UFO, this year.

Iran deal hopes, AI-fueled tech gains and Dell's upbeat outlook lifted stocks to record highs, while inflation fears and space-stock volatility persisted.

The Procure Space ETF has surged 163% over the past 12 months, driven by sector momentum and anticipation of the SpaceX IPO. UFO's portfolio is concentrated but includes holdings like Sirius XM and Trimble which may not fully capture the speculative upside from the SpaceX catalyst. Some other sector ETFs offer more direct exposure to pureplay space companies and even SpaceX itself.

The race to gain exposure to the booming commercial space economy is increasingly flowing through ETFs and smaller publicly traded space companies as investors await what could become the largest IPO in history from SpaceX.

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.

The rise of dedicated space ETFs is a relatively recent development. For years, investors seeking exposure to the space economy were largely limited to broad aerospace and defense funds.

World's First Pure-Play Space Economy ETF Crosses Landmark Threshold as Commercial Space Sector Matures Levittown, Pennsylvania--(Newsfile Corp. - May 27, 2026) - ProcureAM, LLC, issuer of the Procure Space ETF ® (NASDAQ: UFO), today announced that the fund has surpassed $1 billion in assets under management (AUM), marking a milestone moment for both the firm and the rapidly expanding space economy investment category. Launched in April 2019 as the first U.S.-listed pure-play space exchange-traded fund, UFO provides investors with diversified exposure to companies generating a substantial portion of their revenue from space-related business activities, including satellite communications, launch services, space-based imagery and intelligence, GPS and navigation, and ground-based equipment and infrastructure.

The space sector is capturing significant attention as capital flows into thematic aerospace strategies. The Procure Space ETF (UFO), the market's first global pure-play space ETF, has officially crossed the $1 billion assets under management threshold.

Exchange traded fund inflows have topped $750 billion in 2026. This puts the industry on pace to challenge the $1.5 trillion annual record set last year, Todd Rosenbluth, head of research at VettaFi, told host Nate Geraci on this week's ETF Prime.