How to Own SpaceX Without Buying the IPO

SpaceX filed its S-1 with the SEC on May 20, 2026, targeting a Nasdaq listing. The IPO documents revealed $18 billion in 2025 revenue, with Starlink accounting for $11.4 billion. The ERShares Private-Public Crossover ETF (XOVR) holds about $292 million of SpaceX exposure through a special purpose vehicle with no additional management fee. Destiny Tech100 (DXYZ) is a closed-end fund holding SpaceX, OpenAI, Stripe, Revolut, and Discord but has historically traded at large premiums to net asset value.