The space race is officially heating up on Wall Street. 🚀 The Procure Space ETF ($UFO ) just officially crossed the $1 Billion AUM milestone, tripling in size in just the last two months. The main catalyst? A frenzy surrounding the impending mid-June SpaceX IPO. Here is the breakdown of the flows 🧵👇

1️⃣ The Momentum Behind $UFO Capital is aggressively rotating into space infrastructure, and $UFO is capturing the bulk of it. 📈 YTD Return: +60% 🚀 1-Year Return: +157% 💰 1-Month Net Flow: +$149M 📊 1-Year Net Flow: +$704M

2️⃣ The SpaceX Fast-Track The impending IPO of Elon Musk's SpaceX is the primary driver here. In preparation, the index provider for $UFO just revised its methodology to allow for the accelerated inclusion of massive IPOs—meaning SpaceX could be integrated just one trading day after its final offering price is set. 🛰️

3️⃣ Pure-Play Exposure $UFO maintains strict rules: 80% of the index must consist of "pure-play" space companies (entities deriving 50%+ of their revenue from space-related activities). Top holdings currently leading the charge: ☄️ $RKLB (Rocket Lab) 🌍 $PL (Planet Labs) 📡 $VSAT (ViaSat)

4️⃣ A Broader Sector Awakening It’s not just $UFO catching a bid. Over the past month alone, space-related ETFs have attracted a cumulative $1.3 billion in new capital inflows, pushing total industry sector assets above the $3.3 billion mark. The commercial space age is officially a major portfolio theme. 🌌

Are you positioned for the SpaceX IPO and the next era of space infrastructure? 🛰️ 📰 Read the full deep-dive on the SpaceX frenzy via ETF Trends: etftrends.com/thematic-inves…