Top wikifolio Online Gaming und E-Sports uva +529.4 % since Beginning +32.3 % 1 Year TOP WIKIFOLIO TRADE Sell 2026-05-25 at 07:30 am ADVANCED MIC.DEV. DL-,01 US0079031078 Price (EUR) 405.050 3.2% Last Activity Revolution in Aerospace Portfolio Repositioning: Making "Space" for SpaceX As outlined in my broader investment thesis, I believe aerospace is entering a period of structural disruption. In this context, the planned upcoming IPO of SpaceX represents a unique opportunity. Until now, SpaceX has remained a private company and therefore inaccessible as an investment. A public listing will, for the first time, allow direct participation in what I consider to be one of the most important companies shaping the future of aerospace. SpaceX is not just another aerospace company, but a platform that combines launch, satellites, and infrastructure at scale- directly embodying many of the trends this portfolio seeks to capture. To prepare for this opportunity, I will start to selectively exit certain positions. These decisions are not driven by a negative view on the underlying companies, but by a desire to improve alignment with the forward-looking nature of the strategy. First I want to reduce exposure to airline businesses. While important to the broader ecosystem, airlines are cyclical, capital-intensive, and primarily demand-driven. As such, they are indirect beneficiaries of innovation rather than drivers of disruption, making them less aligned with the portfolio’s focus. Similarly, exposure to traditional satellite operators will be reduced. The rise of low-earth orbit constellations is fundamentally changing industry economics, putting pressure on legacy models. Reallocating capital towards a potential direct investment in SpaceX provides a more coherent way to capture this shift. In addition, smaller and non-core positions are being reviewed. While diversification remains important, overly fragmented holdings dilute conviction and limit the portfolio’s ability to express high-impact themes. A more focused structure allows for clearer exposure to the most important trends. These adjustments mark a transition toward a more concentrated and future-oriented portfolio, one that aims to capture the most meaningful developments shaping the next decade of aerospace, with the potential inclusion of SpaceX as a central pillar of that strategy.
Revolution in Aerospace Portfolio Repositioning: Making "Space" for SpaceX As outlined in my broader investment thesis, I believe aerospace is entering a period of structural disruption. In this context, the planned upcoming IPO of SpaceX represents a unique opportunity. Until now, SpaceX has remained a private company and therefore inaccessible as an investment. A public listing will, for the first time, allow direct participation in what I consider to be one of the most important companies shaping the future of aerospace. SpaceX is not just another aerospace company, but a platform that combines launch, satellites, and infrastructure at scale- directly embodying many of the trends this portfolio seeks to capture. To prepare for this opportunity, I will start to selectively exit certain positions. These decisions are not driven by a negative view on the underlying companies, but by a desire to improve alignment with the forward-looking nature of the strategy. First I want to reduce exposure to airline businesses. While important to the broader ecosystem, airlines are cyclical, capital-intensive, and primarily demand-driven. As such, they are indirect beneficiaries of innovation rather than drivers of disruption, making them less aligned with the portfolio’s focus. Similarly, exposure to traditional satellite operators will be reduced. The rise of low-earth orbit constellations is fundamentally changing industry economics, putting pressure on legacy models. Reallocating capital towards a potential direct investment in SpaceX provides a more coherent way to capture this shift. In addition, smaller and non-core positions are being reviewed. While diversification remains important, overly fragmented holdings dilute conviction and limit the portfolio’s ability to express high-impact themes. A more focused structure allows for clearer exposure to the most important trends. These adjustments mark a transition toward a more concentrated and future-oriented portfolio, one that aims to capture the most meaningful developments shaping the next decade of aerospace, with the potential inclusion of SpaceX as a central pillar of that strategy.
