SpaceX And Anthropic IPO Frenzy Begins Early As REX Shares, Tuttle Capital File For 2x Leveraged ETFs

March 29, 2026 - 09:37

A race to capitalize on the anticipated public offerings of two tech giants has officially begun, with investment managers filing for specialized funds well before the companies even set a listing date. REX Shares and Tuttle Capital Management have submitted applications for exchange-traded funds (ETFs) designed to deliver twice the daily performance of SpaceX and Anthropic, once the firms begin trading.

The proposed funds are structured as 2x leveraged ETFs, a type of investment product that uses financial derivatives to amplify daily returns. This early filing strategy highlights a competitive trend in finance, where asset managers seek a first-mover advantage by creating products tied to the most buzzed-about potential listings. By securing regulatory approval in advance, the firms aim to have their ETFs ready to launch the moment the initial public offerings are announced.

The move underscores the intense market excitement surrounding Elon Musk's SpaceX, a leader in aerospace and satellite internet, and Anthropic, a prominent artificial intelligence research company known for its Claude AI assistant. Both companies are considered crown jewels in the private tech sector, and their eventual market debuts are expected to generate significant investor demand. These leveraged ETF filings represent a high-risk, high-reward approach for investors looking to magnify their exposure to the IPO momentum of these industry leaders.