Don't Want Exposure to SpaceX? Why Investing in These Types of ETFs May Be the Way to Go

SpaceX-linked investing is in focus as the company’s rumored public listing (NASDAQ: SPCX) is set to be added to more index vehicles, raising concerns for risk-averse investors. The stock trades at more than 100 times revenue and has already become one of the world’s most valuable firms despite heavy losses, including $4.3 billion in losses during the first three months of the year. Nasdaq is expected to include it in the Nasdaq-100 as early as next week after loosening rules, but the S&P 500 is not expected to follow. The article cites S&P 500 requirements that include waiting at least a year and demonstrating profitability. For investors seeking exposure without direct SpaceX exposure, it highlights SPDR S&P 500 ETF (SPY) with a 0.0945% gross expense ratio. It also notes the fund was not among Stock Advisor’s top picks for investors.