

SpaceX (SPCX) captured investor attention once again this week as investors digested a series of rapid developments that are fundamentally reshaping the company's valuation story. What began as a pure-play commercial space giant is rapidly evolving into an artificial intelligence powerhouse, driven by the recent rollout of Grok 4.

June has seen many ETF launches, from pure-play AI memory chip thematics to an autism impact fund that donates returns to nonprofits. With a record breaking 214 launches, the ETF landscape continues to expand into new markets.

On June 17, Kurv Investment Management launched the Kurv SpaceX Enhanced Income ETF (XSHP), on Cboe. With an expense ratio of 99 basis points, the fund seeks to provide current monthly income through investment in stocks and derivative instruments of SpaceX.