SpaceX could be filing for an IPO this week, aiming for a Nasdaq listing and potentially raising over $75 billion. While the company prepares to go public, investors already have ways to get exposure through funds like Cathie Wood’s ARK Venture Fund and others.
SpaceX’s IPO is shaping up to be a huge deal.
Reports say SpaceX, Elon Musk’s private space firm, might file its IPO paperwork with regulators this week. Sources close to the process say the company could raise more than $75 billion, making it one of the largest IPOs in history. The company is targeting a Nasdaq listing and even hopes to qualify for early inclusion in the Nasdaq 100 index.
This is significant. SpaceX’s valuation has soared in recent years, reflecting its dominance in space technology and satellite internet services. As of 2025, some estimates place SpaceX’s worth at around $400 billion, a massive leap from $46 billion in 2020.
How investors can get in before the IPO
Not everyone can buy SpaceX stock right now. The company is still private, and its shares are mainly held by insiders and select investors. But some public funds already have significant stakes in SpaceX, letting retail investors tap into the company’s growth before the IPO.
The Baron Partners Fund holds SpaceX as its largest position, making up nearly a third of the fund’s portfolio. Tesla, another Musk-led company, also features heavily, with the two combined accounting for over half the fund. Despite a rough start to 2026 with a decline of about 5%, the fund had a strong 2025, climbing more than 24% and ranking in the seventh percentile among similar funds.
The Baron Focused Growth Fund also carries a notable SpaceX stake, about a quarter of its portfolio. Tesla is the next largest holding. Although the fund is down 4% in 2026, it delivered consistent double-digit gains over the past three years.
Cathie Wood’s ARK Venture Fund: A Window Into Private Tech Giants
Then there’s Cathie Wood’s ARK Venture Fund, which stands out for offering retail investors rare access to private companies like SpaceX, OpenAI, and Anthropic. SpaceX makes up roughly 18% of this fund’s holdings, giving investors a substantial stake in the future of space technology.
The fund is a mixed basket of more than 60 private and public companies, focusing on those involved in disruptive innovations like artificial intelligence, neural networks, and autonomous mobility. ARK Venture Fund has posted an impressive 18.5% annualized growth rate, and it gained over 6% in 2026 so far, building on a stellar 55% jump last year.
Investors can buy into ARK Venture with a minimum of $500 through apps like Public, SoFi, or Titan, which makes it accessible even to those who aren’t accredited investors. But it’s not your typical ETF. It’s a venture-interval fund, which means it’s less liquid and has higher fees. Plus, the private companies it holds aren’t subject to the same regulatory scrutiny as public firms.
Private Companies, Public Opportunities
SpaceX’s Starlink satellite internet service is a major growth driver. The company has launched over 8,000 satellites to deliver high-speed internet worldwide. The addressable market for satellite connectivity is estimated at $100 billion, with Starlink’s revenue expected to double from $4.2 billion in 2023 to $8.4 billion in 2024. That kind of growth potential explains why investors and funds are eager to get exposure before SpaceX’s public debut.
Other funds with exposure include the Private-Public Crossover ETF, which has nearly 45% of its portfolio in SpaceX. However, that ETF has struggled in 2026, down about 15%, despite a nearly 12% gain in 2025.
Individual stocks linked to SpaceX also reacted to IPO news. EchoStar, holding about a 3% stake in SpaceX, jumped 8% following the report and is up roughly 10% for the year after a massive 375% rally in 2025.
What Cathie Wood’s Success Means for the Market
Cathie Wood changed the ETF game by focusing on active funds that back innovative companies. Unlike traditional passive ETFs, which track indexes, her funds actively pick stocks that could disrupt entire industries. The approach has attracted a mix of admiration and criticism, but it’s undeniable that ARK Invest has opened doors for investors seeking exposure to cutting-edge tech.
Wood’s ARK Innovation ETF was among the first to embrace disruptive innovation themes like cloud computing, AI, and autonomous vehicles. The ARK Venture Fund extends The strategy by including private companies that are often out of reach for most investors.
Still, the fund’s venture-interval structure means investors should expect higher risk and fees. It’s better suited for those who want a small, speculative slice of their portfolio dedicated to high-growth, private tech bets.
SpaceX’s IPO is expected to draw a lot of interest, but funds like ARK Venture let investors get early exposure to leading private companies.
SpaceX’s public offering is about to be a landmark event, but for many investors, funds such as ARK Venture and Baron Partners provide a way to ride the wave before shares hit the public market.
