Behind the Ticker: NASA, SpaceX, and Tema ETFs

In this occurrence of Behind the Ticker, big Brad Roth, CIO of Thor Financial Technologies, sits down with Yuri Khodjamirian, CIO of Tema ETFs, to speech thematic investing and the Tema Space Innovators ETF (NASA). While the looming SpaceX IPO draws overmuch of the media and capitalist attention, there’s revolutionary developments happening successful the aerospace manufacture that marque it a assemblage deserving of thoughtful investment. Don’t miss this treatment that digs into NASA, wherefore and however the money goes astir its SpaceX exposure, the benefits of capturing the entirety of proviso chains, and more.

You tin besides perceive to this occurrence connected Spotify, Apple Podcasts, oregon immoderate of your preferred streaming platforms.

Investing successful Space With NASA

Yuri Khodjamirian, CFA, is the CIO of Tema ETFs, but his way to that spot is 1 of the much antithetic successful the ETF space. He spent a decennary astatine Magetti Asset Management earlier leaving for Cambridge to get a master's grade successful bioscience. The determination was a deliberate measurement into unfamiliar intelligence territory successful a assemblage helium recovered genuinely fascinating and that present informs Tema's biotech merchandise suite. A play of entrepreneurial exploration followed earlier helium connected with Tema laminitis Moritz Pot and joined the team. Tema present manages implicit $2 cardinal successful AUM crossed 10 ETFs, having crossed that threshold conscionable 3 years in.

The done enactment crossed Tema's merchandise suite, including reshoring, bosom health, oncology, international, and present space, is simply a deliberate rejection of the thematic ETF playbook that gave the class a atrocious reputation. Where galore thematic funds pursuit selling trends, Tema's filter is whether a taxable has genuine semipermanent structural maturation down it, whether progressive absorption tin adhd meaningful worth wrong it, and whether the merchandise gives investors thing they can't already get elsewhere.

The Tema Space Innovators ETF (NASA) launched successful March 2026 and is actively managed astatine 75 ground points. The timing coincided fortuitously with the Artemis II ngo window, which reignited wide nationalist involvement successful quality spaceflight and contributed to meaningful aboriginal flows. The money had already crossed $300 cardinal successful AUM wrong its archetypal weeks connected the market, with the bulk of aboriginal involvement coming from retail investors who had been tracking the abstraction assemblage and wanted SpaceX vulnerability successful a clean, SEC-registered vehicle.

SpaceX is liable for much than 50% of planetary launches and is the astir consequential institution successful the abstraction system by a wide margin, according to Khodjamirian. Its vertically integrated exemplary that includes manufacturing its ain rockets, gathering its ain satellites done Starlink, and operating its ain motorboat services, means successful galore ways it defines the outgo operation and gait of innovation for the full industry. Tema uses an SPV provided by Forge, a Charles Schwab subsidiary, which gives the money entree to SpaceX shares done the secondary market, wherever the company's agelong past arsenic a backstage steadfast astatine tremendous standard has created a steadfast and progressive trading environment.