Active ETF offers exposure to Elon Musk’s SpaceX, Bloomberg reports
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Active ETF Baron First Principles ETF has acquired a 22% stake in Elon Musk's SpaceX, as reported by Bloomberg. This investment could provide significant arbitrage opportunities for investors ahead of a potential public offering. The ETF, managed by Ron Baron, also holds stakes in Musk's xAI and Tesla. Despite the intriguing nature of these investments, the fund has seen a slight decline since its launch on December 15.
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