-cpcwe1k2ope4zf1abu0v.png)
Open To Retail Investors
Global X Space Tech ETF (ASX:MOON)
The Next Frontier of Technology Investing.
Min. Investment
$500
Objective
Growth
Structure
ETF
Category
Technology
Liquidity
Listed
Closing Date
Open Ended
View More Details
Min. Investment
$500
Objective
Growth
Structure
ETF
Category
Technology
Liquidity
Listed
Closing Date
Open Ended
Funding Stage
Listed
Security Type
Unit in a trust
Target Capital
N/A
Availability
Open for investment
Comparison Data
1Morningstar Overall Rating ™
Performance
| 1 month | 3 month | 1 year | 3 year | 5 year | Since Inception | Inception Date |
|---|---|---|---|---|---|---|
| - | - | - | - | - | - | 9 June 2026 |
Fees
| Management Fee | Performance Fee | Morningstar Total Cost Ratio |
|---|---|---|
| - | - | 0.5% |
Investment Highlights
Commercial Era of Space
Trillion-Dollar Growth Opportunity
Pure-Play Value Chain Exposure
Management Fees & Costs
0.50% p.a.
Performance Fees
Nil
Benchmark
Mirae Asset Space Tech Index
Investment Time Frame
5+ Years
Number of Investments
36
Distributions
Semi Annually
The Global X Space Tech ETF (MOON) offers investors targeted exposure to companies pioneering the rapid commercialisation of the global space economy.
Driven by a revolutionary 200-fold reduction in launch costs and the rise of reusable rocket technology, the sector has fundamentally transitioned from government prestige projects into a critical, recurring-revenue infrastructure layer.
MOON captures pure-play leaders across launch systems, satellite broadband networks, and downstream data services. This burgeoning market benefits from an ideal combination of exploding commercial demand and structural government backing, with surging defence and national security budgets providing a durable, multi-year spending floor.
Tracking an index with rigorous revenue purity and liquidity filters, the fund provides a compelling thematic tilt towards deep-tech infrastructure, serving as an ideal vehicle for investors looking to diversify away from concentrated mega-cap technology positions into a resilient, structurally supported growth theme.a
The Global X Space Tech ETF (MOON) offers investors exposure to companies powering the commercialisation of space. As access to orbit becomes cheaper and more frequent, the space economy is expanding beyond launch into satellite connectivity, defence infrastructure, and data services. MOON captures the companies leading this transition across launch systems, satellites, components, and exploration.
Space companies often benefit from a combination of commercial demand and structural government support, with defence and national security spending providing a long-duration floor underneath the commercial growth thesis. This combination positions space tech to deliver durable growth across both economic cycles and policy regimes.
The Global X Space Tech ETF (MOON) offers investors exposure to companies powering the commercialisation of space. As access to orbit becomes cheaper and more frequent, the space economy is expanding beyond launch into satellite connectivity, defence infrastructure, and data services. MOON captures the companies leading this transition across launch systems, satellites, components, and exploration.
Space companies often benefit from a combination of commercial demand and structural government support, with defence and national security spending providing a long-duration floor underneath the commercial growth thesis. This combination positions space tech to deliver durable growth across both economic cycles and policy regimes.
- Over the past 60 years, the cost of reaching Low Earth Orbit has fallen approximately 200 times, from USD 400,000 per kilogram to roughly USD 1,000 per kilogram today. This collapse in launch economics is the single biggest structural change in the industry.
- Active satellites in orbit have grown from around 1,000 in 2010 to over 12,000 in 2025, with estimates approaching 100,000 by 2030 as broadband constellations such as Starlink and Amazon Leo continue to deploy.1
- The US Space Force budget request for FY27 is approximately USD 71 billion, more than double the FY25 budget, with proposed programs such as Golden Dome adding a longduration government spending floor under the commercial thesis.2
1 European Space Agency, Around 100,000 satellites are expected to be in orbit by 2030, January 2025
2 Space News, Space Force budget would more than double in Trump’s USD 1.5 trillion defense plan, April 2026
The narrative of space has fundamentally shifted. Where the modern space age was once defined by national prestige and government-funded missions, today it is defined by commercial scale and economic infrastructure. Commercial activity now accounts for roughly 70% of global orbital launches, up from 25% a decade ago, mirroring the rise of railroads in the 19th century, the internet in the 1990s, and AI in the 2020s. 1
This shift is being driven by reusability. Recovering and re-flying first-stage boosters has transformed launch from a one-time expenditure into a repeatable operating model, dramatically reducing the cost per kilogram of reaching orbit. Reusable launch systems have set a new pricing standard, enabling rapid deployment of dense satellite constellations that deliver broadband, navigation, Earth observation, and secure communications at global scale.
1 Space Stats, Orbital launches per year, February 2026
Satellites are where the space economy generates revenue. Over half of today’s space market is tied to satellites, spanning infrastructure, connectivity, and downstream applications.1 The shift from individual satellites to dense networks in Low Earth Orbit is transforming orbit into a persistent infrastructure layer with recurring-revenue characteristics. The satellite broadband market alone is forecast to grow from USD 22 billion in 2025 to USD 100 billion by 2035, driven by household connectivity, enterprise backhaul, mobility, and military applications. 2
1 Goldman Sachs, The global satellite market is forecast to become seven times bigger, March 2025
2 Satellite Industry Association, 2024 Global Satellite Industry Revenues, May 2025
National security is increasingly anchored in space. Missile warning, communications, intelligence, surveillance, and reconnaissance are all underpinned by space-based assets. Governments worldwide spent USD 137 billion on space in 2025, with roughly USD 73 billion of that being defence-related.1 Programs such as the proposed Golden Dome missile defence initiative point to even greater investment in space-based sensing and defence infrastructure, providing a predictable, multi-year spending floor that helps stabilise the theme through commercial cycles.
1 Novaspace, Global Space Spending Reaches USD 137B, Marking a Defense-Led Era, January 2026
- A satellite or minor allocation for exposure to the growing commercialisation of space, including launch systems, satellite broadband, and space-enabled data services.
- A thematic tilt towards megatrends in deep-tech infrastructure, sitting alongside AI, robotics, and defence as part of a broader disruptive technology allocation.
- To diversify exposure away from concentrated mega-cap technology positions and into a forward-looking, structurally compelling growth theme.
The Mirae Asset Space Tech Index is designed to track companies driving the growth and commercialisation of the global space economy. The index covers four sub-themes: rocket launch and reusable rockets, space tech and components, satellite telecommunications and data services, and space transportation, tourism and exploration. To ensure focused exposure, companies must derive at least 50% of revenue from these areas (40% for existing constituents). The index applies a market cap filter, requiring a minimum of USD 200 million for new companies and USD 160 million for existing constituents.
The individual weight of the security with the largest Company Level Market Capitalisation will be capped at 25%, if its Company Level Market Capitalisation is greater than USD 100 Billion, otherwise it will be capped at 10%. The individual weight for the remaining securities will be capped at 10%. The index is rebalanced quarterly, with fast-track entry for significant IPOs, and distributions are paid semi-annually
MOON invests in companies primarily focused on space technology, including launch systems, satellites, components, and space-enabled services. These sectors face high research and development costs, intense competition, rapid technological change, and evolving regulation that could limit market access or render products obsolete.
Results can be significantly affected by launch failures, mission anomalies, schedule delays, and shifts in government and defence spending.
Market or economic factors affecting the global space and aerospace industries, particularly in regions where commercial space activity is heavily reliant on government contracts and policy support, may influence the value of MOON’s investments. Changes in geopolitical dynamics and national security budgets could also have a significant impact.
Concentration risk exists in the fund, as exposure is focused on a specialised industry with a limited number of listed companies.
Individual stocks that derive substantial revenue from space technology may face volatility. In the event of a decline in value of any key stock, the Net Asset Value (NAV) of MOON may be adversely affected.
Click here to view our latest Performance Details.
Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778, ACN 150 433 828) is the product issuer. Offers of interests in any retail product will only be made in, or accompanied by, a Product Disclosure Statement (PDS). In respect of each retail product, Global X has prepared a target market determination (TMD). Each PDS and TMD is available at www.globalxetfs.com.au. The information on this website is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD. Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested .The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Past performance is not a reliable indicator of future performance.
Global X ETFs is a leading global ETF provider with a growing range of cost-effective and innovation-led products which are built to help investors and their advisers achieve better investment outcomes. While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core, Commodity, and Digital Assets funds to suit a wide range of investment objectives. Explore our ETFs, research, and insights, and more at www.globalxetfs.com.au.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than US$528 billion in assets under management worldwide.¹ Mirae Asset has an extensive global ETF platform ranging across the US, Australia, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with almost $100 billion in assets under management.²
¹ Assets under management as at March 2023, Mirae Asset Global Investments
² Assets under management as at June 2023, Mirae Asset Global Investments
Click here to view our Product Flyer.
Click here to view our Fact Sheet.
Click here to view our Product Disclosure Statement.
Click here to view our Target Market Determination.
Click here to view our past and current Announcements and Notices.
Tags
Articles by Global X Management (AUS) Limited
Videos by Global X Management (AUS) Limited
Statutory Statement
The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
General Disclaimer
IMPORTANT STATEMENT ABOUT YOUR USE OF THIS SITE
Information on this site is intended for Australian users only.
This site is operated by Investment Markets (Aust) Pty Ltd. (ACN 634 057 248) (IMA, we, us and our), the holder of Australian Financial Services Licence (AFSL) no. 527875. The content is provided solely for information purposes, is not a recommendation or an offer to buy or sell a security, and is not warranted to be correct, complete or accurate. To the extent permitted by law, neither IMA, its affiliates, nor the content providers (such as the issuers of securities who appear on the site) are responsible for any investment decisions, damages or losses resulting from, or related to, the content, data and analyses or their use. The investment products on this site and any statements made about them by their issuers are not vetted, verified or researched by IMA. The presence of an investment product on this site should not be interpreted as an implied endorsement of it by IMA. Certain content provided may constitute a summary or extract of another document such as a Product Disclosure Statement. To the extent any content is general advice, it has been prepared by IMA. Any general advice has been provided without reference to your investment objectives, financial situations or needs. For more information refer to our Financial Services Guide. To obtain advice tailored to your situation, contact a financial advisor. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (or other offer document) before making any decision to invest. Past performance does not necessarily indicate an investment product’s future performance. The content is current as at date of initial publication and may not be current as at your date of viewing. For a more complete understanding of all the terms and conditions of your use of this site click here.
1 For use in Australia: © 2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its affiliates or content providers; (2) may not be copied, adapted or distributed; (3) is not warranted to be accurate, complete or timely and 4) has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), subsidiary of Morningstar. Neither Morningstar nor its content providers are responsible for any damages arising from the use and distribution of this information. Past performance is no guarantee of future results.
Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at http://www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Morningstar's publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar's full research reports are the source of any Morningstar Ratings and are available from Morningstar or your advisor. Past performance does not necessarily indicate a financial product's future performance. To obtain advice tailored to your situation, contact a financial advisor. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782.