As SpaceX's highly anticipated IPO draws near, the space ETF market is experiencing explosive growth. Data from Morningstar Direct shows that space-related ETFs have attracted $1.3 billion in new capital over the past month, driving the total assets under management in this emerging sector to $3.3 billion. However, ETF strategists at Strategas note that the space economy remains a niche segment within the technology sector and warn that blindly chasing SpaceX and space-related concepts could pose risks.
