u/Emotional_Job6300

With a SpaceX IPO coming soon, how would that affect the $NASA ETF? I heard the ETF currently holds around a 10% stake in a SpaceX SPV.

If SpaceX becomes publicly traded, would owning the ETF now be similar to buying SpaceX at a pre-IPO price? Since I’m anticipating it to rise a lot during its first day of IPO.

Would ETF benefits from that appreciation, or would the market already price in most of the value before the IPO?