US Stocks: SpaceX leveraged fund providers hit by day-one launch setback, sources say

In light of recent developments, asset managers are now facing a delay on the introduction of leveraged SpaceX exchange-traded funds. The Securities and Exchange Commission has intervened to safeguard the much-anticipated IPO from any potential distractions. Major ETF firms like Direxion and ProShares had ambitious plans to debut 2x leveraged funds next Monday.