Procure Space ETF (NASDAQ: UFO) has added SpaceX (NASDAQ: SPCX) as a direct holding after the latest VettaFi Space Index reconstitution. SpaceX entered the portfolio at a 6.17% weight as of June 16, 2026, following its public listing on June 12, 2026.
According to ProcureAM, inclusion follows the VettaFi Space Index methodology, which screens for market capitalization, trading volume, and space-related revenue. UFO, launched in April 2019, provides diversified exposure across the global space economy with the transparency and daily liquidity of an ETF.
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AI-generated analysis. Not financial advice.
Positive
SpaceX added to UFO with a 6.17% index weight as of June 16, 2026
Investors can now access SpaceX directly through a single UFO ETF trade
Exposure driven by VettaFi Space Index rules on size, liquidity, and space revenue
UFO offers diversified space economy exposure across multiple industry segments
ETF structure provides transparency and daily liquidity for SpaceX exposure
SpaceX weight
6.17%
Initial inclusion weight in UFO as of June 16, 2026
SpaceX listing date
June 12, 2026
Date of SpaceX public listing
ETF launch date
April 2019
Launch of Procure Space ETF (UFO)
Index reconstitution date
June 16, 2026
Effective date for SpaceX inclusion weight reference
$51.28
Last Close
Volume
Volume 2,191,860 is at 1.05x the 20-day average of 2,093,971, indicating only slightly elevated trading activity ahead of/around this announcement.
normal
Technical
Price at 51.28 is trading above the 200-day MA of 43.74, while sitting 24.82% below the 52-week high and 97.68% above the 52-week low.
Date
Event
Sentiment
Move
Catalyst
May 27
AUM milestone
Positive
+1.9%
UFO surpassing $1 billion in assets under management.
Apr 20
Index methodology update
Positive
-0.2%
VettaFi Space Index rebrand and fast-track inclusion framework.
Apr 16
AUM and anniversary
Positive
+4.8%
UFO surpassing $500M AUM and marking seven-year anniversary.
Apr 07
New trading venue
Positive
-0.0%
UFO becoming tradable on Coinbase for extended access.
Pattern Detected
Positive news for UFO has produced mixed near-term moves, with some milestones followed by gains and others by small declines, indicating no consistent one-day reaction pattern.
Recent Company History
Over the past few months, Procure Space ETF (UFO) has reported several growth milestones. It surpassed $500 million in AUM on April 16, 2026 and later crossed $1 billion in assets under management. The ETF also became tradable on Coinbase, expanding access for U.S. customers, and its benchmark was rebranded as the VettaFi Space Index with a methodology enabling fast-track inclusion of mega-cap space companies like SpaceX. Today’s inclusion of SpaceX follows this index methodology evolution.
This announcement highlights UFO’s evolution as a space-focused ETF, now directly holding SpaceX at a 6.17% weight following its June 12, 2026 listing. The move builds on prior milestones, including surpassing $500 million and then $1 billion in assets under management and adopting the VettaFi Space Index methodology. Investors may watch how SpaceX’s role influences portfolio characteristics and how future index reconstitutions adjust exposure to the broader space economy.
exchange-traded fund
financial
“SpaceX is now a direct holding in an exchange-traded fund, available in a single trade.”
An exchange-traded fund (ETF) is a type of investment fund that holds a collection of assets, such as stocks or bonds, and is traded on stock exchanges like individual stocks. It allows investors to buy and sell a diversified group of investments easily and efficiently, often at a lower cost. ETFs provide a simple way to gain exposure to a broad market or specific sectors without having to buy each asset separately.
spv (special purpose vehicle)
financial
“For years, exposure to SpaceX meant an SPV (special purpose vehicle), an accredited investor check…”
A special purpose vehicle (SPV) is a separate legal entity created to hold a single asset, project, or pool of assets and to isolate its financial risk from the parent company. Think of it as a sealed container that keeps one investment’s gains and losses separate so creditors and investors can see and limit exposure to that specific venture. Investors care because SPVs affect who bears risk, how cash flows are distributed, and how transparent a company’s financial picture appears.
accredited investor
financial
“For years, exposure to SpaceX meant an SPV (special purpose vehicle), an accredited investor check…”
An accredited investor is an individual or entity that meets certain financial criteria, such as having a high income or significant net worth, allowing them to invest in private or less regulated investment opportunities. This status matters because it grants access to investments that are often riskier or less available to the general public, reflecting a higher level of financial knowledge or resources.
AI-generated analysis. Not financial advice.
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06/17/2026 – 10:32 AM
The world’s first pure-play space ETF now holds the most-watched name in the space economy, directly.
Levittown, Pennsylvania–(Newsfile Corp. – June 17, 2026) – ProcureAM, LLC, issuer of the Procure Space ETF®, (NASDAQ: UFO) today announced that SpaceX* (NASDAQ: SPCX) has been added to the fund following the latest reconstitution of the VettaFi Space Index℠ (NYSE: SPACE), the index UFO tracks.
SpaceX joins UFO at a weight of 6.17% as of June 16th, 2026, following its public listing on June 12th, 2026. Inclusion was driven by the VettaFi Space Index℠ methodology, which sets thresholds for market capitalization, trading volume, and space-related revenue.
For years, exposure to SpaceX meant an SPV (special purpose vehicle), an accredited investor check, an access premium, and a multi-year lockup. The most-watched name in the space economy was also the hardest one to own. With UFO, that changes. SpaceX is now a direct holding in an exchange-traded fund, available in a single trade.
UFO, launched in April 2019, is the first ETF built specifically around the global space economy. The fund holds companies across satellite communications, launch services, GPS and navigation, space-based imagery, and aerospace and defense. SpaceX is the latest addition to a portfolio that has been tracking the public space economy since before it had a name.
“For a decade, investors have asked us how to get SpaceX exposure through a public vehicle,” said Andrew Chanin, Co-Founder and CEO of ProcureAM. “UFO is now that vehicle, with the transparency and daily liquidity of an ETF.”
UFO is rebalanced and reconstituted in accordance with the VettaFi Space Index℠ methodology. The index, originally developed in partnership with the Space Foundation, was the first Certified Space Data Product recognized by that organization.
For a complete list of UFO holdings, visit https://procureetfs.com/ufo/.
About ProcureAM, LLC
ProcureAM, LLC (ProcureAM) is the issuer of the Procure Space ETF® (NASDAQ: UFO). Based in Levittown, Pennsylvania, the firm specializes in thematic ETFs designed to give investors transparent access to emerging sectors of the global economy.
Important Information
The VettaFi Space Index℠ is a modified capitalization-weighted, free float- and space revenue percentage-adjusted equity index designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business. It is not possible to invest in an index.
*As of June 16th, 2026, SpaceX (TICKER: SPCX) was a 6.17% holding in the Procure Space ETF® (NASDAQ: UFO).
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301822
FAQ
What change was announced for Procure Space ETF (NASDAQ: UFO) on June 17, 2026?
Procure Space ETF added SpaceX (NASDAQ: SPCX) as a holding, with a 6.17% weight as of June 16, 2026. According to ProcureAM, this followed the latest reconstitution of the VettaFi Space Index tracked by UFO.
At what weight was SpaceX included in Procure Space ETF (UFO)?
SpaceX was included in UFO at a 6.17% weight as of June 16, 2026. According to ProcureAM, this index-driven weighting reflects VettaFi Space Index criteria for market cap, trading volume, and space-related revenue.
How does the addition of SpaceX affect investor access through Procure Space ETF (UFO)?
The addition allows investors to access SpaceX directly via a single UFO trade. According to ProcureAM, this replaces prior SPV-based access that required accreditation, access premiums, and multi-year lockups for SpaceX exposure.
Why was SpaceX added to the VettaFi Space Index and Procure Space ETF (UFO)?
SpaceX was added based on VettaFi Space Index methodology, which screens for market capitalization, trading volume, and space-related revenue. According to ProcureAM, UFO automatically reflects these index changes in its portfolio.
What types of companies does Procure Space ETF (UFO) hold besides SpaceX?
UFO holds companies across satellite communications, launch services, GPS and navigation, space-based imagery, and aerospace and defense. According to ProcureAM, the ETF has tracked the public space economy since its launch in April 2019.
How can investors see the full holdings of Procure Space ETF (UFO) after adding SpaceX?
Investors can view a complete, updated list of UFO holdings on ProcureAM’s website. According to ProcureAM, the ETF is rebalanced and reconstituted based on the VettaFi Space Index methodology, and holdings are published for transparency.