SoFi Offers Exposure to OpenAI and SpaceX Through New Private-Market Funds

SoFi Technologies (SOFI) said Tuesday it’s adding new private-market funds offering exposure to startups like OpenAI and SpaceX.

The new funds are meant to expand access to investments in a wide range of private companies “across AI, machine learning, space technology, consumer products, healthcare, e-commerce, and financial technology,” SoFi said.

They also have investment minimums as low as $10, well below what is required by some of its other private-market funds, such as the $25,000 minimum for SoFi’s Cosmos Fund, which offers exposure to SpaceX as well. SoFi said it is working with asset managers Cashmere, Fundrise and Liberty Street Advisors to offer the funds.

“SoFi is expanding alternative investment opportunities for a new generation of investors,” SoFi CEO Anthony Noto said in a release. Shares of SoFi rose nearly 4% Tuesday, and have added close to a third of their value so far in 2025.

The move also comes after Robinhood (HOOD) last week said it would offer “tokenized” stakes in OpenAI and SpaceX to users in Europe. OpenAI distanced itself from the offering, writing, “These ‘OpenAI tokens’ are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it.”