“If your competition isn’t talking about you and trying to poke holes in what you are doing, you are probably on a long path to irrelevancy.”
Glenn Darrel SanfordPrior to starting eXp World Holdings, Glenn Sanford had developed his experience in technology companies as well as the real estate market. Known as “the big idea guy”, Glenn Sanford launched a delivery service for restaurant items that paralleled UberEats, yet it came out years before. After this, he went on to become an executive member of multiple technology companies throughout the 1990s and early 2000’s. In 1998, Glenn served as the president and founder of eShippers.com. After this, he joined and consulted for Keller Williams International as a member of the Agent Technology Council. However, Glenn saw the unnecessary costs in-person activities incurred and vowed to thrust the world into a digital future. He founded eXp Realty in 2009 on the basis that he would eradicate excess overhead by eliminating the need for space.
One of Glenn Sanford’s key objectives for the future is to make the world less reliant on physical space and the constraints that accompany it. Sanford works tirelessly with eXp Realty to make remote work a more sought after and viable solution. eXp Realty acts as a real estate brokerage yet functions almost entirely online. Through cloud-based services, eXp Realty provides training, business software, and a remote office environment for real estate agents around the world. The key focus of eXp Realty is to eliminate unnecessary overhead by eliminating the need for physical spaces.
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.