With Elon Musk’s SpaceX rumored to be targeting a June initial public offering (IPO) that could value the company at anywhere from $1.75 trillion to $2 trillion, it’s no wonder that scores of investors are wondering how to get their hands on some SpaceX stock right now.

The good news is that investors don’t have to stretch to get pre-IPO exposure to SpaceX. They can accomplish that objective today with several exchange-traded funds (ETFs). Interestingly, this trio isn’t heavily allocated to pure-play space stocks.

Among somewhat sizable ETFs, the ERShares Private-Public Crossover ETF (XOVR +0.11%) has the largest weight to SpaceX at nearly 20%, or $230 million. That makes SpaceX far and away the largest component in this $459.7 million ETF, which turns 9 years old in November.

In the SpaceX ETF conversation, the $561.8 million KraneShares Artificial Intelligence & Technology ETF (AGIX +0.92%) flies under the radar. Still, it counts SpaceX among its three privately held holdings, the second-largest of those. Anthropic is the ETF’s biggest, closely held component.

The $238.5 million Baron First Principles ETF (RONB 0.56%), which debuted last December, allocates 3.8% to SpaceX, making the stock the ETF’s ninth-largest holding. This ETF is a sort of “twofer” on Musk companies because it devotes 15.3% of its weight to Tesla.

Baron First Principles ETF

Today’s Change

(-0.56%) $-0.13

Current Price

$23.20

Speaking of stocks, Alphabet (GOOG 2.62%) (GOOGL 2.98%) invested $1 billion in SpaceX in 2015 at a $12 billion valuation, implying its stake in the satellite company could be worth as much as $100 billion at the time of the IPO.

Bank of America (BAC 1.48%) is also likely to turn a pretty penny on SpaceX. It invested $250 million in Musk’s company in 2018 at a valuation of $30 billion. It’s also serving as one of 21 banks running the mammoth IPO.