ERShares

$XOVR ETF - Where Private Equity meets Public Markets.
Disclosures:

[Eva Ados @eva_ados]

Great @CNBCMorningCall segment with @MorganLBrennan one of the clearest voices on the space economy. SpaceX is no longer just the category leader, it’s becoming the benchmark the entire sector trades against. $XOVR $SPCX

[Morgan Brennan @MorganLBrennan]

The space sector has been dramatically rerating higher in part because “new space” wouldn’t exist without @spacex. It sets the comp now
$XOVR $SPCX

[Morning Call @CNBCMorningCall]

Unlocking value for retail investors looking to get in on the SpaceX IPO @eva_ados
https://t.co/iScgtHslNM

[ERShares @ERShares]

ERShares’ @joel_shulman joined @CNBC to discuss XOVR ETF’s latest @SpaceX exposure update. XOVR added approximately $35 million to its @SpaceX exposure, bringing total @SpaceX exposure to approximately $281 million, or about 23% of Fund assets, as of 5/21/2026.

As more high-growth companies stay private longer, XOVR was designed to provide investors with private-company exposure alongside publicly traded equities within one ETF structure.

Holdings and exposures are subject to change. Disclosures:  https://t.co/1MKVG6WfF3

[Eva Ados @eva_ados]

Why SpaceX and not OpenAI?

We don’t just invest in hype.

Our VC lens led us to $SPCX because we believe it has the characteristics of the next market-defining company.

That’s why $XOVR became the first ETF designed to give retail investors access to select private companies like SpaceX.

As of May 23, 2026, SpaceX exposure was approx. 23%. Holdings subject to change. Investing involves risk.

[ERShares @ERShares]

XOVR ETF added approximately $35 million to its $SPCX exposure, bringing total SpaceX exposure to approximately $281 million, or about 23% of Fund assets, as of 5/21/2026.

As investors search for ways to get SpaceX exposure before the IPO, $XOVR offers exposure to private companies alongside publicly traded equities within a single ETF structure.

XOVR is the first ETF designed to provide private-equity exposure alongside public equities in one ETF structure. SpaceX exposure is obtained indirectly through a special-purpose vehicle.

Disclosures: https://t.co/1MKVG6WfF3

[ERShares @ERShares]

Great Interview on @SpaceX @DivesTech @joel_shulman $XOVR on @PowerLunch 👉 https://t.co/yy8xVmjoWt

[Dan Ives @DivesTech]

Great to be on @PowerLunch with @SullyCNBC @KellyCNBC and a great panel of @seemacnbc @joel_shulman discussing the groundbreaking SpaceX IPO filing and what it means for Musk and the broader tech industry 🏆🚀🎯🍿🐂📺👇 @CNBC @CNBCtech

https://t.co/kPMhaJ1qHF

[ERShares @ERShares]

More information here:
https://t.co/JXOB6CTGHj

[ERShares @ERShares]

XOVR Buys Another ~$35 Million of SpaceX as Pre-IPO Position Rises to About 23% of Fund Assets

ERShares announced that $XOVR added approximately $35M to its SpaceX position, bringing total SpaceX exposure to approximately $281M, or about 23% of Fund assets as of 5/21/2026.

XOVR was the first ETF designed to provide private-equity exposure alongside public equities in one ETF structure.

SpaceX exposure is obtained indirectly through a 0/0 SPV inside XOVR’s regulated ETF wrapper.

Holdings subject to change. Investing involves risk, including possible loss of principal.

[Eva Ados @eva_ados]

Excited to speak at the MoneyShow Masters Symposium in Las Vegas on “The SpaceX Opportunity” and why private-market access is becoming a bigger part of the modern portfolio conversation.

Register here: https://t.co/MCZpHk7DRN

@MoneyShow $XOVR

[Yahoo Finance @YahooFinance]

“We believe Elon Musk is the greatest entrepreneur of all time,” ERShares chief investment strategist @eva_ados says. “He built a whole supply chain.”

She explains:

[Eva Ados @eva_ados]

Our VC lens looks beyond the headline and into the platform. SpaceX is not just rockets: it is launch, connectivity, data and AI infrastructure converging into one ecosystem.

That is exactly the kind of long-duration thesis behind $XOVR

[ETF Tracker @TheETFTracker]

ERShares was on Schwab Network today

[Schwab Network @SchwabNetwork]

.@ERShares Chief Investment Strategist @eva_ados discusses private equity exposure and tech-heavy names in $XOVR, as well as access to SpaceX ahead of an IPO, with @NPetallides.

For more market news, tune in at: https://t.co/Nq4XKvgWVC

[ERShares @ERShares]

This week made the dynamic crystal clear:
Amazon Leo (Bezos’s direct Starlink answer) was confirmed to have purchased 13 Falcon 9 launches. Meanwhile, Blue Origin’s New Glenn slipped again, and the FCC’s July 2026 deployment deadline remains unmet.

At the same time, Anthropic — a leading rival to xAI — took the entire 300 MW / 220,000-GPU Colossus 1 facility because no one else could deliver surplus compute at that scale and on that timeline.

Two direct rivals.

Two substantial checks.

One clear thesis:
SpaceX is becoming the toll road of the new economy.
Its unmatched execution speed, vertical integration, and ability to deliver critical infrastructure (launch capacity + power-hungry compute) turn competitors’ delays into SpaceX’s advantage. Rivals don’t just fall behind — they help fund the next leap.

This isn’t short-term dependency. It’s a structural moat built on tempo and reliability.

As Starship matures and orbital infrastructure expands, that advantage is only poised to grow. What are your thoughts? Is execution velocity now the ultimate competitive edge in space and AI?

Open to perspectives from the aerospace, tech infrastructure, and investment communities. Not investment advice. Investments involve risk. XOVR ETF disclosures: https://t.co/1MKVG6WNuB

[Eva Ados @eva_ados]

AI’s first wave was priced as narrative.
The second wave shows up in the financials.
Three places to look:
- Margin expansion
- Monetization per user
- Operating leverage
$APP’s Q1 print hit all three.
(CNBC, May 1)

[ERShares @ERShares]

How to invest in SpaceX before IPO? In this FOX Business segment, Eva Ados explains the latest SpaceX IPO reports and discusses XOVR ETF’s reported SpaceX exposure.

As of April 9, 2026, the ERShares Private-Public Crossover ETF (XOVR) held approximately $205 million in SpaceX exposure (representing 42% of the XOVR ETF), obtained indirectly through a special purpose vehicle. The position was carried at a reference price of $526.59 per share, based on the most recently publicly disclosed tender offer price. For investors searching for ways to gain SpaceX exposure before a possible public listing, the discussion highlights why SpaceX remains one of the most closely watched private companies in the market. XOVR is an exchange-traded fund available through standard brokerage accounts and provides exposure to both public equities and select late-stage private companies. Private asset valuations are based on reference prices from prior transactions and may differ materially from current or future market values.

Subject to market conditions and uncertainty, a SpaceX IPO could be a significant market event. With reported valuation estimates above $1.75T, this would not simply be another listing. It would bring into public markets a company that may be evaluated as global infrastructure across connectivity, networks, and data transmission. SpaceX IPO reports are drawing attention because this is not just another private tech company. SpaceX is increasingly being viewed as global infrastructure across launch, connectivity, networks, and data transmission.

Important Disclosures: Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. https://t.co/cNVibSsttq

[ERShares @ERShares]

How to invest in SpaceX before IPO? In this FOX Business segment, Eva Ados explains the latest SpaceX IPO reports and discusses XOVR ETF’s reported SpaceX exposure.

As of April 9, 2026, the ERShares Private-Public Crossover ETF (XOVR) held approximately $205 million in SpaceX exposure (representing 42% of the XOVR ETF), obtained indirectly through a special purpose vehicle. The position was carried at a reference price of $526.59 per share, based on the most recently publicly disclosed tender offer price.

For investors searching for ways to gain SpaceX exposure before a possible public listing, the discussion highlights why SpaceX remains one of the most closely watched private companies in the market. XOVR is an exchange-traded fund available through standard brokerage accounts and provides exposure to both public equities and select late-stage private companies. Private asset valuations are based on reference prices from prior transactions and may differ materially from current or future market values.

Subject to market conditions and uncertainty, a SpaceX IPO could be a significant market event. With reported valuation estimates above $1.75T, this would not simply be another listing. It would bring into public markets a company that may be evaluated as global infrastructure across connectivity, networks, and data transmission. SpaceX IPO reports are drawing attention because this is not just another private tech company. SpaceX is increasingly being viewed as global infrastructure across launch, connectivity, networks, and data transmission.

Important Disclosures: Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. https://t.co/cNVibSt1iY

[ERShares @ERShares]

Recently on Mornings with @MariaBartiromo, we discussed how investors should be paying close attention to a major shift in markets: capital is moving into ETFs that provide exposure to private companies, particularly leaders like SpaceX.

With companies staying private longer, the traditional IPO is no longer the first opportunity for participation, and certain crossover ETF structures are emerging to bridge private and public markets within a liquid vehicle.

We discussed the IPO of SpaceX as well as our participation in the Pre IPO opportunity.

The takeaway: the line between public and private markets is blurring, and investors should be focused on structures that provide access to both.

Important Disclosures: Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. https://t.co/1MKVG6WfF3

[ERShares @ERShares]

$SpaceX IPO reports: How to invest in SpaceX before IPO. @eva_ados discusses $XOVR ETF’s reported SpaceX exposure on @FoxBusiness

Disclosures: https://t.co/XDIzeor8L0

[Eva Ados @eva_ados]

As of April 9, 2026, $XOVR held approximately $205 million in $SpaceX exposure (representing 42% of the XOVR ETF). The position was carried at a reference price of $526.59 per share, based on the most recently publicly disclosed tender offer price. Disclosures: https://t.co/Q8GGpiXmfA