Global Intel Hub — Knoxville, TN – T minus 1 – The SpaceX IPO is certainly going to be interesting.  With wide ranging views across the board, it’s going to be fun to watch it trade alongside our public favorites.  Here’s the latest from ZH:

While there was little doubt as to SpaceX’s actual IPO price, which due to its novel structure was always going to be $135, and unlike the proposed IPO price ranges as is customary for other initial offerings, moments ago SpaceX made it official when it filed a free writing prospectus (FWP) which confirmed the company sold 555.6 million shares at $135 each, making history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire. The SpaceX registration statement was declared effective June 11.

For those who want to buy in to a derivative play who can’t get SpaceX stock directly for various reasons, or to look at alternatives, Jet AI purchased an interest in SpaceX back in April: [1]

 Jet.AI Inc. (“Jet.AI” or the “Company”) (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced a $5 million strategic investment intended to provide an economic interest in SpaceX and its related subsidiaries, including but not limited to x.AI / Grok, Starlink, and X / Twitter. The investment was made through a Special Purpose Vehicle (“SPV”) that held equity in xAI, prior to x.AI’s recent acquisition by SpaceX.

Jet AI was able to find the shares via Venture Capital Cross, a leading VC firm that invests in private markets, as well as facilitating transfers between counterparties. The brilliant move is a strategic investment that aligns with their core focus of AI infrastructure, as the combined company not only includes xAI, but also SpaceX has plans to launch data centers in Space: [2]

SpaceX executives say the company is aiming ​to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027, ahead of the “as early as ‌2028” timeline for deployment disclosed in its IPO filing, according to two people who attended investor presentations held ahead of the offering.

The orbital-compute effort is central to SpaceX’s long-term growth pitch to investors. The company claims in its IPO documents that it is “the only company with a commercially viable path to building orbital ​AI compute at scale.”

Jet AI is also a domestic developer of AI infrastructure, which is the hottest commodity on the street.  Combining that with the SpaceX investment makes JTAI an interesting play indeed.

Firms such as R.F. Lafferty & Co. Inc. offer products such as ARKVX, which is a closed end interval fund, that owns SpaceX (and other companies, such as Anthropic).  ARKVX, also known as the ARK Venture Fund, is an actively managed investment fund offered by ARK Invest that provides investors with access to both private and public companies focused on disruptive innovation. Managed under the leadership of Cathie Wood and ARK’s research team, the fund invests in sectors such as artificial intelligence, biotechnology, fintech, robotics, space technology, and next-generation internet platforms. Unlike traditional venture capital funds that are often limited to institutional investors, ARKVX aims to democratize access to high-growth private market opportunities while maintaining exposure to innovative public companies. Its portfolio has included leading technology firms and emerging startups that ARK believes have the potential to transform industries and drive long-term growth.

There are also ETFs that offer exposure to SpaceX, but we have seen that some of those ETFs have been rejecting investors.  Here are some other options: