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XOVR's stake in SpaceX potentially increases investor interest. Historical cases show ETFs with private assets gained visibility and price support.
What happened, with direct paths to the underlying reporting
XOVR recently increased its SpaceX stake to 12% of total assets. XOVR acquired SpaceX shares at $185, marking a 37% gain. Investors contributed over $90 million to XOVR in December, doubling its assets. SpaceX valuations vary widely on secondary markets, complicating price determination. XOVR faces risks from potential redemptions impacting its liquid assets.
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