Space-themed ETFs are surging, fueled by commercial launch advances and renewed investor demand. The Procure Space ETF (NASDAQ:UFO), tied to the S-Network Space Index, hit a 52-week high and is up nearly 89% from its lows.
The increase coincided with the successful Aug. 26 test flight of SpaceX’s giant Starship rocket, the vehicle’s first successful payload delivery of eight dummy Starlink satellites after a series of test failures earlier this year.
