SPCL Becomes the First and Only U.S. ETF With 2X SpaceX Exposure on IPO Day

Defiance ETFs announced that its Defiance Daily 2X Space ETF (SPCL) will provide 2X daily leveraged exposure to SpaceX Class A common stock, making it the first U.S. ETF with such exposure on SpaceX's IPO day. SpaceX priced its IPO at $135 per share, valuing the company at approximately $1.77 trillion, marking the largest U.S. IPO in history by debut market value.