🟢 Global X Space Tech Index ETF is trading 1.4% up today, lifted by historic SpaceX IPO

Global X Space Tech Index ETF is trading 1.4% higher, primarily driven by the landmark Initial Public Offering (IPO) of SpaceX, which began trading today.

• The entire space-tech sector is experiencing a significant lift as SpaceX's debut on the Nasdaq marks the largest IPO in history, valuing the company at approximately $1.77 trillion.
• The event has sparked a surge in investor enthusiasm for space-related companies, directly benefiting ETFs with holdings in the sector.
• The ETF's gains are also supported by a broader market 'risk-on' tone, fueled by positive geopolitical developments.