SpaceX-Backed Aerospace ETFs Surge 18.71% in Week as Starlink Mobile Plans Emerge

According to the Korea Exchange, aerospace-related ETFs surged this week (June 29–July 3) as SpaceX announced plans to expand into mobile telecommunications services via Starlink Mobile. The SOL U.S. Aerospace TOP10 ETF gained 18.71%, followed by KODEX U.S. Aerospace (17.62%) and TIGER U.S. Aerospace Tech (15.96%). SpaceX itself rose 5.72%, representing 22–29% of holdings across the top-performing funds. The company plans to connect smartphones directly to its satellite internet network, leveraging a 40,000-satellite constellation to offer low-cost global communications services.

Meanwhile, AI semiconductor ETFs declined sharply amid concerns over overcapacity, with TIGER U.S. AI Data Center TOP4 Plus falling 11.77% and TIGER Semiconductor TOP10 dropping 11.49%. Market concerns intensified after Meta announced it would enter cloud services using excess computing capacity from AI data centers, raising doubts about claimed semiconductor shortages.