REX Shares and Tuttle Capital Management announced that listed options are now trading on the T-REX 2X Long SpaceX Daily Target ETF (NYSE Arca: SPAX). SPAX seeks 200% of the daily performance of Space Exploration Technologies Corporation (Nasdaq: SPCX), before fees and expenses.
Options on SPAX let traders use calls, puts, and multi-leg strategies to manage leveraged exposure and risk around SPCX’s volatility. The fund targets sophisticated, actively monitoring investors and carries a risk of rapid, potentially total loss, especially if SPCX declines sharply.
REX Shares and Tuttle Capital Management launched the T-REX 2X Long SpaceX Daily Target ETF (NYSE Arca: SPAX), targeting 2x daily long exposure to SpaceX stock (Nasdaq: SPCX) once trading begins, expected June 12, 2026.
The leveraged ETF offers traders amplified daily moves in SpaceX, but involves significant risk, including potential full principal loss from large single-day declines and losses over multi-day flat markets.
Seven Arts Entertainment (OTC PINK: SAPX) has achieved Pink Current reporting status with OTC Markets after a six-year dormancy. New management regained control, obtaining verification and current financial reports within 11 weeks. The company aims to enhance its operations and revenue generation through subsidiaries, with support from previous management. CEO Jason Black expressed excitement about future plans, including ventures into feature films, streaming, podcasts, and music. Updates on progress are expected shortly.
Seven Arts Entertainment (OTC PINK: SAPX) announced its revival on OTC Markets after 6 years of inactivity. The company has submitted the necessary filings to become compliant with reporting obligations. It has modified its authorized share structure from unlimited to 4.5 billion shares and aims to reduce its outstanding shares significantly. With regulatory compliance achieved, Seven Arts, alongside its new subsidiary Muse Media, plans to advance in film and music production. The company is also relocating its headquarters to the Atlanta metro area to align with its growth strategy.