ERShares Adds Approximately $35 Million to the SpaceX exposure stake in XOVR, Its Private-Public Crossover ETF; Total SpaceX Exposure Now Approximately $281 Million Ahead of What Could Be a Blockbuster SpaceX IPO

Key Highlights

  • XOVR has added approximately $35 million to its SpaceX position.
  • Total SpaceX exposure: approximately $281 million, about 23% of Fund assets, based on recent AUM.
  • The Fund's SpaceX position has generated approximately $41 million in appreciation over the past month, creating accretive value for XOVR shareholders.
  • XOVR is the first crossover ETF to provide private-equity access.
  • SpaceX exposure is obtained through an effective 0/0 SPV (zero management fee, zero performance fee) inside a registered ETF wrapper.
  • Before adding to its SpaceX SPV exposure, the fund put in place a liquidity arrangement that meets regulatory requirements.

NEW YORK, May 21, 2026 /PRNewswire/ -- ERShares today announced that its Private-Public Crossover ETF (NASDAQ:XOVR) has added approximately $35 million in additional exposure to its SpaceX position. With the new purchase, XOVR's total SpaceX exposure is approximately $281 million, about 23% of Fund assets as of 5/20/2026.

Importantly, the Fund's existing SpaceX position has already generated approximately $41 million in appreciation over the past month for the benefit of XOVR shareholders, reflecting the accretive impact of the position on Fund performance during the period.

The position is held through an effective 0/0 SPV (zero management fee, zero performance fee at the SPV level) inside XOVR's registered ETF structure. XOVR was the first ETF* to add private-equity exposure. The increase comes as investor interest builds around what is anticipated to be the premier IPO of this generation, and likely the largest IPO ever.