Tema Launches First Space ETF with Direct SpaceX Exposure
Event summary
- Tema ETFs launched the Tema Space Innovators ETF (NASA) on March 31, 2026, the first pure-play space economy ETF with 10% direct exposure to SpaceX.
- The fund is actively managed and includes institutional-caliber access to SpaceX through a special purpose vehicle provided by Forge.
- Management fee is set at 0.75%, with all transaction costs absorbed by Tema for full fee transparency.
- Top holdings include Astro Mobile, Rocket Lab, Planet Labs, and EchoStar among others.
The big picture
The launch of NASA ETF comes as the global space economy is poised to nearly triple by 2035, with SpaceX at the center of this transformation. Tema's move to offer direct exposure to private companies like SpaceX through an actively managed ETF could set a new standard for thematic investing in high-growth sectors.
What we're watching
- Space Economy Growth
- The pace at which the global space economy triples by 2035, driven by falling launch costs and expanding broadband satellite connectivity.
- SpaceX IPO Timing
- How the anticipated SpaceX IPO will impact the fund's performance and investor interest.
- Competitive Positioning
- Whether Tema can sustain its lead in the space economy ETF segment amid potential competitor launches.
Related topics