With its confidential S-1 filing in April, SpaceX has told investors that the wait to own its stock is nearly over. While the date of the initial public offering (IPO) remains unknown, it’s clear there will soon be a new opportunity to gain exposure to the burgeoning space economy.

Nonetheless, some may still be frustrated at having to wait for the SpaceX IPO. Fortunately, several investment options provide exposure to SpaceX today.

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Unlike Ark Invest‘s numerous exchange-traded funds (ETFs), the Ark Venture Fund (ARKVX 0.06%) is a closed-end interval fund investing in disruptive companies. Interval funds can be profitable as fund managers periodically offer opportunities to buy back shares — though investors are not required to sell back shares at these times.

ARK Venture Fund

Today’s Change

(-0.06%) $-0.03

Current Price

$50.35

Representing a 17% weighting, SpaceX is the largest position in the Ark Venture Fund. This exposure, however, comes at a cost. The actively managed Ark Venture Fund has an expense ratio of 2.9%.

The ETF option

With $238.5 million in net assets, the Baron First Principles ETF (RONB 0.77%) provides exposure to two Elon Musk-led businesses. Tesla is the ETF’s largest position, with a 14% weighting, while SpaceX has a 7.7% weighting. The fund states its goal as investing in “businesses with the potential for significant growth opportunities, sustainable competitive advantages, and exceptional management.”

Launched in December 2025, the Baron First Principles ETF is a relatively new investment option. It has a 1% expense ratio.

Out-of-this-world SpaceX exposure

To maximize their SpaceX exposure, investors will find the Private Shares Fund (PRIVX 0.04%) alluring with its 19.4% weighting in the closed-end interval fund (which has a 1.9% management fee) as of March 31, 2025.

While investors don’t need to be accredited, there is a $2,500 minimum investment.

What’s a space investor to do?

Before SpaceX’s stock debuts, investors still have options. For maximum exposure, there’s the Private Shares Fund, but if investors are looking to invest less than $2,500, the Ark Venture Fund and Baron First Principles ETF are great choices.