Space ETFs are Skyrocketing Ahead of SpaceX's IPO, but Are They Really Smart Buys Right Now?

Space-themed ETFs like NASA, XOVR, and RONB are surging on anticipation of SpaceX's IPO, offering indirect exposure through special-purpose vehicles. However, the article warns these ETFs carry high expense ratios (0.75-1.00%), face 180-day lockup periods on SpaceX shares, and risk significant losses if SpaceX becomes overvalued at debut. The author recommends investors skip these expensive plays and instead pick individual holdings like Rocket Lab or AST SpaceMobile, then wait for SpaceX's stock to pull back after its market debut.