Direxion Launches LOFD, Completing Its Bull & Bear Lineup Across Tesla & SpaceX

Direxion Launches LOFD, Completing Its Bull & Bear Lineup Across Tesla & SpaceX Direxion Launches LOFD, Completing Its Bull & Bear Lineup Across Tesla & SpaceX

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Direxion Launches LOFD, Completing Its Bull & Bear Lineup Across Tesla & SpaceX

August 6, 2026---2X Daily Inverse Exposure to SpaceX, the Largest IPO in History
Direxion, a leading provider of ETFs for tactical traders, today announced the launch of the Direxion Daily SpaceX Bear 2X ETF (LOFD). LOFD seeks daily investment results, before fees and expenses, of 200% of the inverse (or -200%) of the daily performance of SpaceX (Nasdaq: SPCX) ("SpaceX").

With LOFD, Direxion now offers a full bull and bear lineup across both Elon Musk's publicly traded companies, pairing LOFF and LOFD on SpaceX with the TSLL and TSLS on Tesla. Direxion leads the market in leveraged and inverse exposure to both companies, anchored by TSLL, the largest Tesla single-stock ETF on the market.

Source: Direxion

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