EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF

XOVR

Market cap $2.01B

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.

ERShares Private-Public Crossover ETF (XOVR) offers retail investors liquid, pre-IPO exposure to SpaceX, which constitutes 22% of the fund. XOVR uses a mark-to-market valuation for private holdings like SpaceX, minimizing the chance for 'cheap' pre-IPO entry but capturing upside if SpaceX rallies post-IPO. The ETF is highly concentrated, with over 60% in its top 10 holdings and significant sector exposure to Industrials and Technology.

The pitch for ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is simple.

SpaceX, which is planning to go public soon, recently tested the latest version of its massive 407-foot rocket for the first time.

The ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) sits at an awkward crossroad heading into summer 2026.

ERShares Adds Approximately $35 Million to the SpaceX exposure stake in XOVR, Its Private-Public Crossover ETF; Total SpaceX Exposure Now Approximately $281 Million Ahead of What Could Be a Blockbuster SpaceX IPO Key Highlights XOVR has added approximately $35 million to its SpaceX position. Total SpaceX exposure: approximately $281 million, about 23% of Fund assets, based on recent AUM.

Eva Ados of ER Shares explains how her firm's Private-Public Crossover ETF (XOVR) holds $320 million shares of SpaceX ahead of the company's highly anticipated IPO. She also believes the company will be considered for inclusion in the Nasdaq-100 (NDX) and the next Mag 7.

MIAMI, May 05, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the  Defiance Daily Target 2X Long XOVR ETF (XOVL) , expanding its lineup of leveraged products designed for active traders seeking amplified exposure to entrepreneurial U.S. growth companies and the public-private crossover space. XOVL is designed for traders seeking magnified, short-term bullish exposure to the ERShares Private-Public Crossover ETF (NASDAQ: XOVR), an exchange-traded fund that blends a concentrated portfolio of entrepreneurial U.S. public companies with a measured allocation to select late-stage private companies.

Private AI companies are preparing for what could be the largest IPO wave in stock market history, and most retail investors have no way in.

Most retail investors have never had a realistic path into SpaceX. That is the specific problem ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is built to solve, and it is the reason the fund pulled in over $470 million in investments since December 8, 2025 as retail investors rushed to get a piece of the anticipated SpaceX IPO.