Leverage Shares 3x Long SpaceX ETP (ELON)

Profile

Leverage Shares 3x Long SpaceX ETP is a collateralised exchange-traded product that provides triple daily leveraged exposure to the shares of Space Exploration Technologies Corp (SpaceX). Designed for sophisticated market participants, it aims to deliver three times the daily performance of SpaceX stock, before fees and expenses, by using derivatives and structured leverage on a single-stock underlying asset. The ETP is issued by Leverage Shares plc and classified as a high-leverage instrument on a single equity, with dividends on the underlying capitalised rather than distributed. Its portfolio typically holds cash and derivative positions that are rebalanced on a daily basis to maintain the targeted 3x exposure to SpaceX. In today’s market, Leverage Shares 3x Long SpaceX ETP serves as a specialised vehicle for traders seeking amplified, short-term directional exposure to SpaceX, a highly followed aerospace and satellite communications company, within a regulated, exchange-traded framework.