WisdomTree launches Space Economy ETF with 14.19% SpaceX stake

WisdomTree launched the Space Economy Fund (WSPC) last week. The actively managed ETF holds about 50 stocks, assigns 14.19% of its weight to SpaceX (SPCX) and charges a 0.75% annual expense ratio.

The fund targets companies involved in satellite networks, launch services, ground equipment, manufacturing and other commercial and defense-related space services. WisdomTree positioned WSPC as a concentrated way to gain exposure to SpaceX while spreading holdings across suppliers, operators and service providers in the space value chain. Sector exposure leans to communication services and industrials, reflecting emphasis on satellite communications and hardware.

WSPC began trading last week and is available to U.S. investors through standard brokerage platforms.

Morgan Stanley noted that private companies are partnering with NASA and increasing investment in commercial space projects. The firm cited a roughly 20% annual growth in the number of objects launched into orbit between 2020 and 2025 and noted bipartisan support in Washington for expanding U.S. space capabilities. Morgan Stanley highlighted proposals for an increased Space Force budget and NASA plans for a human return to the moon under the Artemis program in 2028.

Some estimates project the commercial space economy could reach $1 trillion or more within the next decade, driven by satellite broadband, Earth observation, launch services and government-private partnerships.

Investors should consult financial professionals before making investment decisions.