The article examines three space economy ETFs as alternatives to direct SpaceX investment. While McKinsey predicts the global space economy will grow from $630 billion in 2023 to $1.79 trillion by 2035, all three featured ETFs have underperformed broad market indexes like the S&P 500, with high 0.75% expense ratios cited as a concern. The author recommends low-cost broad market index funds over these space-focused ETFs.
Axe note: Three popular space economy ETFs lag broad markets, raising doubts for South African investors seeking thematic exposure.