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Australian Financial Reviewafr.com

Rocket-themed ETFs fail to launch despite investor demand for SpaceX (opens original article in a new tab)

TL;DR

Rocket-themed ETFs underperformed despite investor interest in SpaceX's stock surge, with investors facing losses.

  • Investors lost money on rocket-themed ETFs despite SpaceX stock rising 40% in first five days
  • BetaShares launched ASX-listed space ETF in early May to capitalize on SpaceX float hype
  • ETFs failed to deliver returns matching SpaceX's stock performance
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