Jasmine Birtles
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Best SpaceX ETFs and Funds for UK Investors in 2026
Ruby Layram
23rd Sep 2026
For a while, “how do I invest in SpaceX?” has had a frustrating answer: you mostly couldn’t. That changed on 12 June 2026, when Elon Musk’s rocket and Starlink satellite company floated on the Nasdaq under the ticker SPCX, priced at $135 a share. It was the largest stock market flotation (IPO) ever. SpaceX joined the Nasdaq-100 index on 7 July, and its weight in that index more than doubled to 2.82% at the September 2026 rebalance.
That means SpaceX is now turning up in all sorts of funds. In this guide we list the ETFs and investment trusts that give UK investors the most SpaceX exposure, explain how to buy them on eToro (including the CFD trap), and give you an actionable checklist to decide which one, if any, fits your portfolio.
Best SpaceX ETFs at a Glance
| ETF | LSE ticker(s) | Fee | SpaceX weight (as at) | On eToro? |
|---|---|---|---|---|
| Scottish Mortgage (investment trust) | SMT | 0.33% | 17.5% (31 Aug 2026) | Yes (SMT.L) |
| Global X Space Tech | LUNR, LUNG | 0.50% | c.15% (reported) (Aug 2026) | Not found online, check app |
| WisdomTree Space Economy | WSPC, WSPG | 0.50% | 12.5% (31 Jul 2026) | Not found online, check app |
| ARK Space & Defence | ARKX, ARCX | 0.75% | 9.6% (18 Sep 2026) | Not found online, check app |
| Edinburgh Worldwide (investment trust) | EWI | 0.85% | 18.4% (31 Aug 2026) | Not found online, check app |
| iShares Nasdaq 100 | CNDX, CNX1 | 0.30% | c.2.8% (index) (Sep 2026) | Yes (CNDX.L) |
Weights are as at the dates shown and change often, especially in space funds that rebalance regularly. The Global X figure is a reported estimate, not confirmed on the issuer’s site. The Nasdaq-100 figure is the index weight after the September 2026 rebalance, not the fund’s own report. “Not found online” means no public eToro page came up, so check the app.
Why Consider a SpaceX ETF or Fund?
An ETF is a basket of shares that you buy and sell on the stock market like a single share. An investment trust is similar but works as a listed company that invests in other companies. Its share price can be higher or lower than the value of what it owns (known as trading at a premium or a discount).
Using a fund means SpaceX is one part of a bigger mix, so a bad launch, a regulatory setback or a slump after the IPO excitement won’t hit you as hard. Space funds also bring in other parts of the space economy, such as satellite makers, defence contractors and launch companies.
There’s no ordinary (unleveraged) UCITS ETF that holds only SpaceX. The highest weights we found were in two Baillie Gifford investment trusts that backed SpaceX long before it listed.
Can You Just Buy SpaceX Shares?
Yes. SpaceX shares (SPCX) are listed on eToro as a real stock, and you can buy fractional amounts from $10. A small flat commission applies to stock trades on eToro (see its fees page), unlike ETFs, which are commission-free.
But a single newly listed stock is about as volatile as investing gets. There’s very little trading history, the valuation was around $1.75 trillion at IPO, and big batches of shares held by early investors become free to sell over the coming months. ETFs and investment trusts let you own SpaceX as part of a wider portfolio instead.
The Best SpaceX ETFs and Funds for UK Investors in 2026
Two other UCITS space ETFs are worth knowing about. The iShares Space Technologies UCITS ETF (STRR), launched in June 2026 with rules for adding big new listings quickly, but we couldn’t confirm its SpaceX weight. The VanEck Space Innovators UCITS ETF (JEDI) held no SpaceX in its 31 July 2026 holdings.
1. Scottish Mortgage Investment Trust (SMT)
What it is: A FTSE 100 investment trust run by Baillie Gifford that invests in fast-growing companies worldwide, both listed and private.
SpaceX exposure: 17.5% of the fund as at 31 Aug 2026. Ongoing charge: 0.33%.
Why consider it: SpaceX was its largest holding, it’s cheap to own, and it’s on eToro. It’s the most accessible big SpaceX position for UK investors.
Watch out for: It’s not an ETF. The share price can trade at a discount or premium to the value of its holdings, and it can borrow money to invest (gearing), which magnifies both gains and losses.
2. Global X Space Tech UCITS ETF (LUNR, LUNG)
What it is: A UCITS ETF of companies in the space technology industry.
SpaceX exposure: c.15% (reported) of the fund as at Aug 2026. Ongoing charge: 0.50%.
Why consider it: Reportedly one of the most SpaceX-heavy UCITS ETFs.
Watch out for: We couldn’t confirm the weight on Global X’s own site. Check the latest factsheet before buying.
3. WisdomTree Space Economy UCITS ETF (WSPC, WSPG)
What it is: A UCITS ETF covering the wider space economy, from launch to satellites to ground equipment.
SpaceX exposure: 12.5% of the fund as at 31 Jul 2026. Ongoing charge: 0.50%.
Why consider it: A true ETF with a double-digit SpaceX weight. It added SpaceX soon after the IPO.
Watch out for: Space stocks are small and volatile, and the weights move quickly.
4. ARK Space & Defence Innovation UCITS ETF (ARKX, ARCX)
What it is: An actively managed UCITS ETF from Cathie Wood’s ARK Invest, meaning a manager picks the stocks rather than following an index.
SpaceX exposure: 9.6% of the fund as at 18 Sep 2026. Ongoing charge: 0.75%.
Why consider it: SpaceX was its largest holding, and the managers can change positions as the story evolves.
Watch out for: Active management means higher fees, and results depend on the manager’s calls.
5. Edinburgh Worldwide Investment Trust (EWI)
What it is: A Baillie Gifford trust investing in smaller, early-stage growth companies.
SpaceX exposure: 18.4% of the fund as at 31 Aug 2026. Ongoing charge: 0.85%.
Why consider it: The highest SpaceX weight we found.
Watch out for: Following a campaign by activist investor Saba, the board plans to sell the SpaceX stake and return cash to shareholders, so this exposure is expected to shrink. Not a long-term SpaceX play.
6. iShares Nasdaq 100 UCITS ETF (CNDX, CNX1)
What it is: A tracker of the Nasdaq-100, which SpaceX joined in July 2026.
SpaceX exposure: c.2.8% (index) of the fund as at Sep 2026. Ongoing charge: 0.30%.
Why consider it: The calmest way to own a little SpaceX, alongside Apple, Nvidia, Microsoft and co.
Watch out for: SpaceX is a small slice, so this is really a big-tech fund with a dash of SpaceX. SpaceX isn’t in the S&P 500 yet, so S&P 500 trackers don’t hold it.
What About US SpaceX Funds?
You’ll see these recommended on US sites. UK residents can only trade US ETFs as CFDs on eToro, and some of these aren’t ETFs at all, so they’re here for reference only:
- Procure Space ETF (UFO): about 14.8% SpaceX (22 Sep 2026), 0.75% fee.
- ARK Space & Defense Innovation ETF (ARKX, US version): about 10.4% SpaceX (16 Sep 2026).
- ERShares Private-Public Crossover ETF (XOVR): about 16.8% SpaceX (13 Aug 2026).
- Destiny Tech100 (DXYZ): a closed-end fund, about 10.6% SpaceX (30 Jun 2026).
Leveraged SpaceX ETPs: Handle With Care
Around ten US-listed 2x leveraged or inverse single-stock SpaceX ETFs launched around the IPO, and Leverage Shares launched a 3x SpaceX ETP in Europe. They aim to multiply SpaceX’s daily moves (or bet against them), and they reset every day.
For a brand-new, highly volatile stock that’s a recipe for fast losses. None of them are suitable for beginners.
How to Buy SpaceX ETFs on eToro (Step by Step)
eToro is popular with UK beginners because ETF trades are commission-free and you can start with small amounts. But there’s one catch that trips lots of people up, so we’ll cover that first.
The UCITS catch: why you should search for the London ticker
eToro states that all US ETF positions opened by UK and EEA residents are only available as CFDs (contracts for difference). A CFD is a bet on the price, so you don’t own the ETF itself. So if you type in a US ticker like UFO or ARKX, you won’t be buying the real fund. The fix is simple: buy the UCITS version listed in London or Europe. UCITS is an EU/UK rulebook for funds sold to everyday investors, and these are the versions UK investors can actually own. eToro added 250 UCITS ETFs to its platform in January 2026.
Step-by-step: How to Buy SpaceX ETFs
- Create an account. Registration is free and takes a few minutes on eToro’s website or app.
- Verify your identity. Upload a photo ID (a passport is preferred, or a driving licence) and a proof of address dated within the last three months, such as a bank statement or utility bill. Verification can take a few days.
- Add money. UK accounts come with a GBP account (run by eToro Money UK) alongside eToro’s USD investment account. Minimum deposits vary by payment method, so check eToro’s minimum deposit page before you transfer. Bank transfers have a higher minimum than cards.
- Search for your ETF by its London ticker. For example, type “SMT.L” for the Scottish Mortgage Investment Trust. Tickers ending in “.L” are London-listed. Open the page and check the position isn’t labelled “CFD”.
- Click Buy and enter the amount. You can buy fractional ETF units from $10, so you don’t need to afford a whole unit. Clicking Buy at the current price places a market order. If you’d rather name your price, set a limit order, which can never be filled at a worse price than the one you set.
- Automate it (optional). eToro’s recurring investment feature lets you invest a fixed amount every month, from $25, into stocks and ETFs. For UK users it’s funded by debit card, and it’s not available for CFDs or leveraged ETFs.
eToro fees to know about
- Commission: eToro charges zero commission on ETF trades, whatever the size.
- Currency conversion: moving money between your GBP account and the USD investment account costs 0.75%. eToro says GBP-listed assets bought from the GBP account carry no conversion fee, so it’s worth checking whether a GBP line of your chosen ETF is available.
- Withdrawals: free from the GBP account and $5 from the USD account.
- Inactivity: listed as free on eToro’s fees page.
Can you hold these ETFs in an ISA on eToro?
eToro offers a Stocks and Shares ISA, powered by Moneyfarm (MFM Investment Ltd). In July 2026 eToro removed dealing commission and the annual custody fee from it, but a 0.70% FX charge still applies to non-GBP assets. The ISA covers 1,000+ stocks, ETFs, bonds and funds, which is a smaller range than eToro’s main account, so search for your chosen SpaceX ETF inside the ISA before you commit.
Practise first with the demo account
Nervous about pressing Buy for the first time? eToro’s free Virtual Portfolio gives you $100,000 of pretend money to practise with. Switch between Real and Virtual with a toggle.
Is your money protected? eToro (UK) Ltd is authorised and regulated by the FCA (firm reference number 583263). Investments are covered by the FSCS up to £85,000 per person if the firm fails. Money held in the GBP e-money account is safeguarded but not covered by the FSCS. And remember, the FSCS never protects you against investments falling in value.
Heads-up: eToro says it will start gradually moving users to a new app from 4 October 2026, so button names and screens may look slightly different from the steps above.
How to Choose the Best SpaceX ETF for Your Portfolio: Your Checklist
There’s no single “best” SpaceX ETF for everyone. The right one depends on how much SpaceX you want, what else you own and what you’re willing to pay. Run through this checklist before you buy, and feel free to print it out.
☐ Work out how much SpaceX you would really own. Multiply the amount you invest by the fund’s SpaceX weight. For example, £1,000 in the Scottish Mortgage Investment Trust (about 17.5% SpaceX) gives you roughly £175 of SpaceX. Then ask whether that feels too little, about right or too much for your whole portfolio.
☐ Check you’re buying a UK-accessible version. Choose a UCITS ETF or a London-listed investment trust, so on eToro you own the real thing rather than a CFD.
☐ Compare the ongoing charge (OCF/TER). Small differences add up. On £10,000, a 0.35% fee costs about £35 a year and a 0.15% fee about £15, before any growth. Cheaper isn’t automatically better, but you should know what you’re paying.
☐ Look for overlap with what you already own. If you already hold a global tracker or an S&P 500 fund, you already own some SpaceX. Stacking a sector ETF on top can leave you far more concentrated than you meant to be.
☐ Check how concentrated the fund is. Look at what share of the fund sits in its top 10 holdings, and how many sectors it covers. A single-sector fund will swing much harder than a broad index fund.
☐ Understand the index rules. Some indices cap any one company at a set percentage. Others are weighted by company size. The rules decide how much SpaceX you get and how that changes over time.
☐ Choose accumulating or distributing. Accumulating (Acc) funds reinvest dividends automatically, while distributing (Dist) funds pay them out as cash. Beginners building long-term wealth often prefer Acc.
☐ Pick your currency line. Many ETFs trade in both USD and GBP/GBX in London. This doesn’t change the currency risk inside the fund, but it can affect the conversion fees you pay on eToro.
☐ Check it’s available where you want to hold it. Search for the exact ticker in eToro’s main account and, if you want tax-free growth, inside the eToro ISA as well.
☐ Read the factsheet and KID, and check the date. Holdings change all the time. Check the “as at” date on any weight you see, including the ones in this article.
☐ Say no to leverage (for now). Unless you fully understand daily resetting and are happy to lose money quickly, stick with ordinary, unleveraged ETFs.
☐ Understand trust discounts. If you pick an investment trust (SMT or EWI), check whether it’s trading at a discount or premium to its net asset value (NAV) before buying.
☐ Watch the lock-up calendar. Pre-IPO investors are being allowed to sell in stages over roughly 180 days after the June 2026 flotation, and insiders after 366 days. Extra shares hitting the market can weigh on the price.
☐ Don’t pay a hype premium. Newly listed stocks often swing wildly in their first year. Drip-feeding money in monthly can help you avoid buying everything at a peak.
Frequently Asked Questions
Is SpaceX a public company now?
Yes. SpaceX listed on the Nasdaq on 12 June 2026 under the ticker SPCX and joined the Nasdaq-100 on 7 July 2026. It isn’t in the S&P 500, which requires a longer trading and profit track record.
Which UK fund has the most SpaceX?
Among funds we checked, Edinburgh Worldwide (about 18.4%) and Scottish Mortgage (about 17.5%) had the highest weights at 31 August 2026. Edinburgh Worldwide plans to sell its stake, so Scottish Mortgage is the more lasting option.
Is there a SpaceX-only ETF?
Only leveraged or inverse products, which are high-risk trading tools. There’s no ordinary SpaceX-only UCITS ETF for UK investors.
Risk Disclaimer
This article is for general information and educational purposes only. It is not regulated financial advice or a personal recommendation to buy or sell any investment. The value of investments can go down as well as up, and you may get back less than you put in. Past performance is not a reliable guide to future returns. Sector and thematic ETFs are more concentrated, and so riskier, than broad market funds. ETF holdings, fees and platform features were correct as at the dates shown and change regularly, so check the latest factsheet and eToro’s current terms before investing. If you’re unsure, speak to a regulated financial adviser.
CFD warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. eToro states that 51% of retail investor accounts lose money when trading CFDs with this provider (check the live figure on eToro’s website, as it is updated regularly). You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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