“My goal was never to just create a company. It was to build something that actually makes a really big change in the world.”
Mark ZuckerbergZuckerberg co-founded the social networking website, Facebook, out of his college dorm room at Harvard University. Zuckerberg dropped out of college his sophomore year to concentrate on the website in 2004. Facebook’s user base has grown to more than two billion users, making Zuckerberg one of the youngest billionaires in the world. After dropping out he moved to Palo Alto where the company is headquartered now. By May 2012, Facebook went public and raised $16 billion, making it the biggest Internet IPO ever. In 2013 he was the youngest CEO on the fortune 500 list at the age of 28.
Mark Zuckerberg believes innovation is more than coming up with concepts quickly and working with new ideas. He believes that innovation takes trying out a variety of concepts quickly and working with more than one idea at a time. He created a very efficient and healthy workplace for his employees. He implemented the idea of having hackathons, where employees stay all night coding and building new ideas of their choice. He said it has pushed employees to be creative and innovative, but also led to new ideas for the company.
We are sharing an update on XOVR's SpaceX exposure, performance, and four stages of innovation during the SpaceX IPO period.
From March 30 through June 15, 2026, XOVR's SpaceX exposure reflected more than $183 million of unrealized appreciation, including appreciation associated with SpaceX's IPO and commencement of public trading on NASDAQ on June 12, 2026.
Over the same period, XOVR appreciated approximately 30.71%, with SpaceX exposure contributing significantly to ETF performance.
The update also highlights four XOVR innovations: the private-public crossover ETF structure, the 0/0 SPV structure, a first-of-its-kind liquidity arrangement, and the Shareholder Protection Plan designed to prioritize existing long-term shareholders during the SpaceX IPO period.