ERShares

06/02/2026

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://entrepreneurshares.com/disclosures/

https://youtu.be/xeXMt7FTgMY

ERShares’ Joel Shulman joined CNBC to discuss XOVR ETF’s latest Spa...

05/22/2026

XOVR ETF 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 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: Holdings are subject to change. Investing involves risk, including possible loss of principal.

05/21/2026

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.

Visit: https://entrepreneurshares.com/

05/08/2026

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 ex*****on 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 ex*****on velocity now the ultimate competitive edge in space and AI?

https://youtube.com/shorts/yn2k7dKOzt8?feature=share

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

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 Or...

05/04/2026

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.

04/14/2026

Recently on Mornings with Maria, 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. We also discussed xAI and how they are building a differentiated moat through vertical integration, leveraging continuous low-cost energy, advanced cooling, and global distribution without reliance on traditional cable infrastructure.

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

https://youtu.be/OGxKp08BoSE
Important Disclosures: Investing involves risk, including possible loss of principal. Past performance does not guarantee future results. https://entrepreneurshares.com/disclosures/

Recently on Mornings with Maria, we discussed how investors should be paying close attention to a major shift in markets: capital is moving into ETFs that pr...

03/25/2026

The higher-than-expected PPI last week led to the anticipated near-term market pullback, as inflation concerns delayed expectations for Fed rate cuts. Investors should focus on what is unfolding now: markets are already rebounding as signs emerge that the Iran conflict may be approaching a near-term resolution, easing pressure on oil prices. With oil having been the primary driver of recent inflation volatility, a decline from war-driven peaks, combined with softening housing and structural labor shifts driven by demographics and AI, supports the view that inflation will ease and the Fed can return to rate cuts in the fall, setting up a potentially strong second half of 2026.

https://youtu.be/5ptCEQAZj5s


Past performance does not guarantee future results. For more information, a prospectus, and recent holdings, visit www.entrepreneurshares.com/disclosures

The higher-than-expected PPI last week led to the anticipated near-term market pullback, as inflation concerns delayed expectations for Fed rate cuts. Invest...

01/16/2026

The Fastest Path to Greenland Runs Through Novo Nordisk

Greenland is not a military problem. It is an economic exposure problem. Denmark’s exposure runs through Novo Nordisk.

In his latest Forbes article, Managing Partner and CIO, Joel Shulman, explains why economic leverage can move faster and more efficiently than military pressure when national security interests are at stake.

Why economic leverage beats military pressure on Greenland, and how Denmark’s exposure through Novo Nordisk makes trade tools faster, quieter, and more effective.

01/05/2026

Venezuela’s Oil = The Mag 7. At today’s prices, Venezuela oil reserves carry a ~$20T notional value (same as Mag), with ripple effects across inflation, Fed policy, discount rates, and equities just as AI-driven energy demand surges. Markets are only beginning to price it in.

https://forbes.com/sites/joelshulman/2026/01/03/venezuelas-oil-could-be-worth-as-much-as-the-magnificent-seven/

Venezuela’s oil reserves could shift global supply, ease inflation and influence U.S. interest rates, energy security and stock valuations as production comes back online