3 Ways to Get Space Economy Exposure Without Buying SpaceX Stock

The article is a broad investment commentary on gaining exposure to the space economy without owning SpaceX. It highlights three space-themed ETFs: Tema Space Innovators ETF (NASA), Procure Space ETF (UFO), and ARK Space & Defense Innovation ETF (ARKX). The piece emphasizes that while SpaceX is the dominant private space company, these funds provide diversified access to rockets, satellites, defense innovation, and some pre-IPO names. However, it warns that all three funds charge relatively high 0.75% expense ratios and have underwhelming long-term performance versus broad market benchmarks. ARKX has returned about 45% since its 2021 launch, roughly half of the S&P 500’s gain, while Tema has negative returns since inception. Overall, the article’s market message is cautious: space investing remains a thematic growth bet, but high fees and weak historical performance make low-cost broad index funds more attractive for most investors.