Meet the Vanguard ETF That Increased Its SpaceX Holding by 39% in 1 Month and Shows No Signs of Slowing Down
Key PointsETFs are increasing their holdings in Space Exploration Technologies as more shares become available for trading on the Nasdaq.
In a recent development, the Vanguard Communication Services ETF (VOX) has significantly boosted its stake in SpaceX, increasing it by 39% within a single month. This surge in investment follows the gradual unlocking of additional shares in SpaceX, which has been steadily rising. When SpaceX made its initial public offering on June 12, 2026, only about 5% of its shares were available for trading on the Nasdaq.
As more shares become available, the float increases, subsequently boosting SpaceX's presence in indexes like the Nasdaq-100, which factors in the float rather than just the market cap. This gradual unlocking has encouraged many ETFs to continue purchasing SpaceX shares, despite any fluctuations in its share price.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
