Procure Space ETF

UFO

Market cap $646M

Markets are embracing the idea that we are in an AI supercycle. Investors are betting on a multi-decade technological shift, similar to the internet, that will transform industries, computing, and infrastructure.

The trillion-dollar space economy has stopped being a science-fiction talking point.

June saw strong performance in terms of readership across content hubs on ETF Database. The hottest topics ranged from news stemming from the SpaceX IPO to details related to the methodologies underlying certain ETFs.

Investors seeking exposure to SpaceX (NASDAQ: SPCX) have new opportunities ahead of the company's addition to the Nasdaq-100 on July 7.

The commercial space sector hit an inflection point this month.

Space stopped being a government-only game years ago. It's now a real, investable industry – satellites beaming broadband to ships and planes, earth-imaging companies selling data to farms and defense contractors, and launch providers racing to put more payloads into orbit than ever before.

Markets may have ended the first quarter with a thud, but stocks put another record run in the books to close out the first half of 2026. The U.S. ETF market had already shattered records, crossing the $15 trillion threshold and cruising past $1 trillion in net inflows right before summer officially began.

Investors in the Procure Space ETF (UFO) woke up to a major development in the commercial space industry — and it didn't come from SpaceX.

SpaceX SPCX is poised to become one of the fastest additions ever to the Nasdaq-100 index, triggering a new wave of demand from passive investors less than a month after its blockbuster public market debut. Nasdaq announced after the close on June 26, 2026 that SpaceX qualifies for inclusion in the technology-heavy benchmark.

SpaceX stumbles post-IPO, but space ETFs offer a diversified way to play the long-term boom in the sector.