Defiance ETFs CIO says investors are misreading SpaceX as Defiance launches 200% daily leveraged ETF SPCU

Defiance ETFs has launched a leveraged SpaceX-themed ETF, SPCU, offering 200% daily return exposure for short-term traders. Chief Investment Officer Sylvia Jablonski said the product is not intended as a long-term holding, but as a tactical tool around potential early-IPO volatility and catalysts tied to Starlink, defense contracts and AI infrastructure. SpaceX itself has not gone public and remains a private company, and SPCU is a derivatives-based ETF linked to expectations for its private valuation.