On May 26, Tema Space Innovators ETF rose 11.12% overnight, trading at $42.95/share, with trading volume of $5.46 million. The surge was driven by SpaceX's anticipated mid-June IPO launch, which has triggered explosive demand for space-themed investment products.
According to Morningstar Direct data, U.S. space-related ETFs attracted $1.3 billion in new capital inflows over the past month alone, pushing the sector's total assets under management to $3.3 billion. The Tema Space Innovators ETF has been a standout performer, accumulating $1.27 billion in assets within just seven weeks of inception — surpassing the $972 million that rival Procure Space ETF gathered over seven years.
SEC filings indicate that additional space-themed ETFs and leveraged products are expected to launch in the weeks following SpaceX's listing. Analysts have compared the current enthusiasm to the Tesla-driven EV frenzy, with Bank of America's basket of space-related stocks already surging 42% year-to-date, outperforming both the S&P 500 and Nasdaq 100.
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