SpaceX mengajukan permohonan IPO, valuasinya berpotensi memecahkan rekor IPO global, ETF penerbangan umum Huaxia (159230) mengalami koreksi atau menjadi peluang penempatan

2 April, A-shares General Aviation sector briefly surged then quickly retreated, as of 10:50, the General Aviation ETF Huaxia (159230) fell 1.17%, with only the holdings of Aero Engine Power rising over 3%, Tianyin Electromechanical, Tianhe Defense and 3 other stocks in the green, while Aerospace Hongtu, Sujiao Technology, Aerospace Huanyu, and Ruitong Micro Nano plunged.

In terms of news, SpaceX submitted a confidential IPO application to the US SEC, planning to raise about 75 billion USD (approximately 515.45 billion RMB), with a valuation of 1.75 trillion USD, potentially setting a new global IPO record. The fundraising will mainly be used for Starlink constellation expansion, Starship development, and space AI data center construction. Starlink contributes 67% of its revenue and nearly 80% of EBITDA, with over 10 million users and more than 10,000 satellites in orbit, accounting for 66% of active satellites worldwide.

CITIC Securities believes that the currently most sensitive investment directions are reusable rockets, SpaceX chain, and space computing power, while low-orbit communication satellite chains are the first segments supported by fundamental logic and orders.

The General Aviation ETF Huaxia (159230) tracks the China Securities General Aviation Industry Index, focusing on low-altitude economy, covering industries such as aerospace materials and infrastructure, aircraft manufacturing, operation services, and scenario applications, helping investors grasp the commercial space market. The low-altitude economy content is 87.69%, drone content is 90.03%, commercial space content is 65.22%. Off-exchange connection A: 024912; connection C: 024913.

Daily Economic News