Capitalizing On Growing Interest In Space Technology
Global X has launched the $ORBX Space Tech ETF, a passively managed fund that tracks companies earning more than half of their revenue from space technology. The launch comes amid a wave of space tech IPOs and growing interest in the sector. Global X believes the space economy is positioned for meaningful growth, with early revenues coming from reusable rockets, space tech, satcom, and data services. The company has roughly $90B under management and a brand built on themed funds, as reported by Payload Space.