Eva Ados

$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

[Eva Ados @eva_ados]

$XOVR is built like a public-market VC portfolio backing category-defining innovation companies across public and private markets. SpaceX is the proof point of where this strategy can go.

[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

[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 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.

[ETF Tracker @TheETFTracker]

"SpaceX to us is the crown jewel. Elon is going to have the whole supply chain. It's going to be very hard for any other AI company to compete against him." - $XOVR Chief Strategist @eva_ados

[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

[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

[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]

Most investors are waiting for the SpaceX IPO. We believe investors should not have to wait for innovation to go public before they can access it.

$XOVR is the first ETF to provide access to SpaceX exposure, currently around 20% , inside a daily liquid ETF structure.

Thank you @NPetallides and @SchwabNetwork

[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)

[Eva Ados @eva_ados]

This is the pattern:
Rivals delay on hardware/power → SpaceX executes at warp speed → competitors cut checks that fund the next iteration.
Falcon 9 cadence. Starship progress. Colossus clusters. Vertical integration on steroids. The new economy runs on a toll road. SpaceX owns the road.

[Eva Ados @eva_ados]

🚀 SpaceX’s deepest moat isn’t just rockets or Starlink.
It’s that its rivals keep writing it massive checks.
Even the companies built to beat it end up paying the toll.
Thread 👇

[Eva Ados @eva_ados]

Anthropic (Claude), direct xAI rival, just took the entire Colossus 1 facility.
300 MW. 220,000+ Nvidia GPUs. Full access, online this month.
Doubled rate limits for users overnight.
No one else could deliver that scale on that timeline.

[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

[Eva Ados @eva_ados]

$SpaceX IPO reports are getting attention for a reason: when competitors rely on your infrastructure, the moat is real. The XOVR ETF holds approximately $205 million in SpaceX exposure (as of April 6, 2026). The position is carried at a reference price of $526.59/share, based on the most recently publicly disclosed tender offer price. ERShares believes $XOVR represents the largest reported SpaceX exposure among U.S.-listed ETFs based on publicly available information. Current holdings subject to change. Full disclosures: https://t.co/I5NxASzqmn

[ERShares @ERShares]

$XOVR ETF: Setting the Record Straight

In response to commentary from a Morningstar analyst, @ERShares has published information regarding the fund’s disclosures and operations.

FEES: “All fund expenses have been disclosed in accordance with applicable SEC requirements.”

HOLDINGS: “XOVR holdings are disclosed on a regular basis consistent with regulatory requirements.”

NAV: “Net asset value published daily, consistent with standard ETF practices and regulatory guidelines.”

CONTEXT: “One Morningstar analyst published more than 120 posts regarding XOVR, a significant number of which ERShares believes materially misstate the fund’s disclosures, structure or operations.” ERShares has retained defamation counsel and filed a formal complaint with the CFA Institute. https://t.co/eCpaBMF9Dr

[Eva Ados @eva_ados]

https://t.co/jzY32lXNVd