There are a few ways to invest in this hot IPO before its public debut.

Private AI companies are preparing for what could be the largest IPO wave in stock market history, and most retail investors have no way in. SpaceX has confidentially filed for an IPO targeting a valuation above $1.75 trillion, having already absorbed xAI at a combined $1.25 trillion valuation. OpenAI, Anthropic, and Databricks are each expected ... Is XOVR the Best ETF to Buy as Private AI Companies Go Public?

<p>SpaceX’s valuation is soaring, but XOVR investors aren’t seeing it.</p>

Most retail investors have never had a realistic path into SpaceX. That is the specific problem ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is built to solve, and it is the reason the fund pulled in over $470 million in investments since December 8, 2025 as retail investors rushed to get a piece of the anticipated SpaceX ... XOVR Raised $470 Million on the SpaceX Dream but Trails QQQ by 70 Points Over 5 Years

The company’s new model portfolios are built primarily with ETFs or mutual funds, but they use less-liquid funds for private holdings.

<p>Private markets ETFs are getting a lot of attention. The assets, so far, tell a different story.</p>

XOVR has three times more assets in the aerospace tech company than what the SEC typically allows.

ERShares Private-Public Crossover ETF (NASDAQ:XOVR) attempts to solve a problem that has frustrated growth-focused investors for years: how to access high-conviction private companies before they go public while holding a diversified portfolio of public growth stocks. With $1.5 billion in assets and a 0.75% expense ratio, XOVR offers retail investors exposure to pre-IPO firms like ... XOVR is A $1.5 Billion ETF That Holds SpaceX Pre-IPO, But The Returns Are Awful