Aug. 25 at 12:00 PM
$XOVR With the special purpose vehicle with SPCX it’s value is around 306 million at current share price of around
$135. Kaschi holding in this etf fund is 30 million. I’m invested with very little money here and have to think of it this way. It’s a
$200 investment in a 33-stock growth ETF with roughly 14% estimated SpaceX exposure plus other private holdings. If SPCX were to even gain 50% share appreciation the fund market price not NAV itself would only tack on about
$1.30 something in change to the
$20.07 current market price. The nav will be slightly higher but not much. In order hypothetically to reach a
$25 market value in this ETF the other AI and other stock components would have the appreciate in lock step in a very positive way under very bullish conditions to get that 25 percent gain of your current
$20 market value to reach
$25 xovr market value. How long will that take is anyone”s guess. There is no annual distribution from this etf like there is in a mutual fund.
