Stock Snapshot
| Table Header | Table Header |
|---|---|
| Company | Space Exploration Technologies Corp. (SpaceX) |
| Sector | Defense & Aerospace |
| Theme | Space, Satellites & Communications |
| Business Model | Development of space systems and operation of satellite-based communications services |
| ISIN | US84615Q1031 |
| Market Capitalization | approx. $2.33 trillion (as of October 2026) |
| UMBRELLA Status | Active |
UMBRELLA History
The key milestones of SpaceX within the UMBRELLA Strategy.
Core Position Further Strengthened
SpaceX Becomes the Largest Position
SpaceX weighting reduced
SpaceX Position Further Reduced
SpaceX Position Further Reduced
Latest Developments
SpaceX Position Further Reduced
The UMBRELLA Strategy further reduced its position in SpaceX following significant share price declines. The adjustment reflected the strategy's active risk management approach and aimed to limit further downside exposure.
SpaceX Position Further Reduced
The SpaceX position was reduced again on October 30 as part of ongoing portfolio adjustments. This further lowered the strategy's exposure to the space and satellite sector.
SpaceX weighting reduced
The SpaceX position was partially reduced as part of the portfolio adjustment. With a weighting of approximately 14.5%, SpaceX remained one of the largest holdings in the UMBRELLA Strategy.
SpaceX Becomes the Largest Position
The weighting was increased from around 13.9% to approximately 18.6%. This represents an increase of around 4.7 percentage points, or approximately 34% compared with the previous position size. Capital released from reductions in Bayer and other positions was selectively reallocated to SpaceX.
Core Position Further Strengthened
The weighting was increased from around 12.5% to 13.0%.
Weighting Further Increased
As part of the portfolio realignment, the SpaceX position was increased again. By early September, the position already accounted for around 12% of the portfolio.
SpaceX Position Further Increased
The existing position was expanded through several partial purchases. SpaceX increasingly developed into a strategic core position within the UMBRELLA Strategy.