This fund, issued by Leverage Shares, is an innovative leveraged inverse exchange-traded fund. It utilizes sophisticated financial derivatives to seek daily investment results that correspond to negative two times (-2x) the daily performance of SpaceX in public or specific tracking markets (or tracking its private value/related space asset index). Since SpaceX is a private company, the fund short-sells by proxy via listed related assets or specialized public tracking indexes. It offers professional investors with high risk tolerance a short-term, highly leveraged trading tool to hedge commercial aerospace sector risks or directly bet against valuation bubbles of the space exploration giant.