Why Ark's Cathie Wood is so bullish on space: Costs are coming down dramatically

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Why Ark's Cathie Wood is so bullish on space: Costs are coming down dramatically

cnbc2021-02-18

KEY POINTS The space industry is undergoing a change paradigm that Ark Invest's Cathie Wood believes is dramatically opening the sector to investment opportunities. "The costs associated with ...

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Glenna
·2021-02-20
looking forward to this
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1
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Channie
·2021-02-19
Can’t wait for this!!
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- mtwr82:
  Yes
  2021-02-27
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YiiYii
·2021-02-19
Nice
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1
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Samuel.L
·2021-02-19
Nice please like my comment
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2
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- angelA:
  Gd
  2021-02-19
  Reply
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SolidSnake
·2021-02-19
Space is current hot stock pick for 2021
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1
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- SolidSnake:
  Continue to have fate in space counters
  2021-02-23
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- angelA:
  Gd
  2021-02-19
  Reply
  Report
ZEROHERO
·2021-02-19
ARKG & ARKX will be huge in the next decade - genomics to cure diseases to lengthen human lives and SPACs exploration to satisfy human conquest & curiosity respectively. Pls comment ?
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- TradingNewbie:
  ARKX is not in the market now, right? Roughly when can we start trading this?
  2021-02-19
  Reply
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- YiiYii:
  To the moon ?
  2021-02-19
  Reply
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Juucee1813
·2021-02-19
Space!!! [財迷]
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Vendetta88
·2021-02-19
help comment
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- ZEROHERO:
  Here you go
  2021-02-19
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ber
·2021-02-19
To the moon!
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4
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- ZEROHERO:
  Without a doubt
  2021-02-19
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Derrick3388
·2021-02-19
Another ETF with companies that selling dream with crazy valuations
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CL777
·2021-02-19
Ark!
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4
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GearOSv2
·2021-02-19
To the moon (pun intended).
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Mel91
·2021-02-19
Arkx gooo
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1
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Mel91
·2021-02-19
Yeah arxx!!! Gooo
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Ciejeng
·2021-02-18
The future is with space
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2
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Jjinc
·2021-02-18
Arkx [得意]
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jaw
·2021-02-18
For coin only
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- jaw:
  good
  2021-02-19
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Darrenneoyo
·2021-02-18
Spaceeeeee with a big X
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SolidSnake
·2021-02-18
Vested HOL and awaits for opportunity to re-enter spce
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Word of the new space ETF had a swift impact on the limited number of public companies in the sector, withshares of pure-play space companies rallying the day after an Ark securities filing about the ETF was made public — as well as the stocks of two SPACs, or special purpose acquisition vehicles, which are looking to take space companies public.\nWood declined to comment on the coming ARKX fund, noting that she couldn't yet say anything about her firm's plans.\n\"We're in the quiet period when it comes to the fund itself. You have to wait until the SEC deems it effective,\" Wood said.\nReusing rockets is the 'only way' to get to Mars\nWood especially highlighted the work that Musk's SpaceX has done to develop reusable rockets, with the company now landing and re-launching rocket boosters with consistency. SpaceX is working on developing a next-generation rocket called Starship, to fulfill Musk's vision of building a rocket that is capable of regular flights – similar to an airplane.\n\"Many people were saying: 'Why is he doing that?'\" Wood said. \"Now we know the only way [Musk] is going to be able to get to Mars, or whoever the first people are. We are going to need reusable rockets.\"\nSpaceX has successfully launched multiple Starship prototypes, landing them safely after short flights to about 500 feet altitude. But its two most recent high-altitude flights, despite passing multiple development milestones, exploded on impact during attempted landings.Despite the explosive endings to the last two flights, SpaceX has viewed the launches as steps forward in the rocket's development.\nMusk three years ago estimated that the Starship project will cost SpaceX about $5 billion to develop. The companylast week closed its latest round of fundraising, CNBC reported on Tuesday, bringing in $850 million in new capital at a valuation of about $74 billion.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":387410848,"gmtCreate":1613774129784,"gmtModify":1704884850791,"author":{"id":"3570769377369254","authorId":"3570769377369254","name":"Glenna","avatar":"https://static.tigerbbs.com/8cb1540811be40c4d05341502c35498c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3570769377369254","idStr":"3570769377369254"},"htmlText":"looking forward to this","listText":"looking forward to this","text":"looking forward to this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387410848","repostId":1185319622,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":387071144,"gmtCreate":1613704132688,"gmtModify":1704883865009,"author":{"id":"3568617681528426","authorId":"3568617681528426","name":"Channie","avatar":"https://static.tigerbbs.com/2a29335cab236671ee26266ab47ff848","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3568617681528426","idStr":"3568617681528426"},"htmlText":"Can’t wait for this!!&nbsp;","listText":"Can’t wait for this!!&nbsp;","text":"Can’t wait for this!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/387071144","repostId":1185319622,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3679541,"gmtCreate":1614435748051,"gmtModify":1680778593441,"authorId":3574136404402771,"author":{"id":3574136404402771,"idStr":"3574136404402771","authorId":3574136404402771,"name":"mtwr82","avatar":"https://static.tigerbbs.com/2538e2ef5a20a313f0eba1f1415a7c24","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387071144,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":387065751,"gmtCreate":1613700619473,"gmtModify":1704883818128,"author":{"id":"3567052123559984","authorId":"3567052123559984","name":"YiiYii","avatar":"https://static.tigerbbs.com/bb10d436567743e0e60ba0933900bf20","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3567052123559984","idStr":"3567052123559984"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/387065751","repostId":1185319622,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":387061445,"gmtCreate":1613700269487,"gmtModify":1704883812870,"author":{"id":"3563577781679506","authorId":"3563577781679506","name":"Samuel.L","avatar":"https://static.tigerbbs.com/1186b61f5b04203ae75a2949bd647713","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3563577781679506","idStr":"3563577781679506"},"htmlText":"Nice please like my comment","listText":"Nice please like my comment","text":"Nice please like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/387061445","repostId":1185319622,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3607822,"gmtCreate":1613713076787,"gmtModify":1680777496203,"authorId":3566524398877459,"author":{"id":3566524398877459,"idStr":"3566524398877459","authorId":3566524398877459,"name":"angelA","avatar":"https://static.tigerbbs.com/e50185d396d432695a2f2d904ac22dda","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387061445,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":387037512,"gmtCreate":1613698306936,"gmtModify":1704883779770,"author":{"id":"3569277422888666","authorId":"3569277422888666","name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3569277422888666","idStr":"3569277422888666"},"htmlText":"Space is current hot stock pick for 2021","listText":"Space is current hot stock pick for 2021","text":"Space is current hot stock pick for 2021","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/387037512","repostId":1185319622,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3642258,"gmtCreate":1614086559465,"gmtModify":1680778025032,"authorId":3569277422888666,"author":{"id":3569277422888666,"idStr":"3569277422888666","authorId":3569277422888666,"name":"SolidSnake","avatar":"https://static.tigerbbs.com/29bda221d66b84c5749c370962298d93","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.08","exceedPercentage":"93.23%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387037512,"type":1,"supId":0,"prevId":0,"content":"Continue to have fate in space counters","text":"Continue to have fate in space counters","html":"Continue to have fate in space counters"},{"id":3607819,"gmtCreate":1613713060040,"gmtModify":1680777496511,"authorId":3566524398877459,"author":{"id":3566524398877459,"idStr":"3566524398877459","authorId":3566524398877459,"name":"angelA","avatar":"https://static.tigerbbs.com/e50185d396d432695a2f2d904ac22dda","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387037512,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":387039686,"gmtCreate":1613697733945,"gmtModify":1704883770377,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3566532164444643","idStr":"3566532164444643"},"htmlText":"ARKG &amp; ARKX will be huge&nbsp;in the next decade - genomics to cure diseases to lengthen human lives and SPACs exploration to satisfy human conquest &amp; curiosity respectively. Pls comment ?","listText":"ARKG &amp; ARKX will be huge&nbsp;in the next decade - genomics to cure diseases to lengthen human lives and SPACs exploration to satisfy human conquest &amp; curiosity respectively. Pls comment ?","text":"ARKG & ARKX will be huge in the next decade - genomics to cure diseases to lengthen human lives and SPACs exploration to satisfy human conquest & curiosity respectively. Pls comment ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/387039686","repostId":1185319622,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3606776,"gmtCreate":1613702826756,"gmtModify":1680777477886,"authorId":3574746761625491,"author":{"id":3574746761625491,"idStr":"3574746761625491","authorId":3574746761625491,"name":"TradingNewbie","avatar":"https://static.tigerbbs.com/d6343877b4edfb9ffddbfde9273a3a1b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387039686,"type":1,"supId":0,"prevId":0,"content":"ARKX is not in the market now, right? Roughly when can we start trading this?","text":"ARKX is not in the market now, right? Roughly when can we start trading this?","html":"ARKX is not in the market now, right? Roughly when can we start trading this?"},{"id":3606534,"gmtCreate":1613701001157,"gmtModify":1680777465927,"authorId":3567052123559984,"author":{"id":3567052123559984,"idStr":"3567052123559984","authorId":3567052123559984,"name":"YiiYii","avatar":"https://static.tigerbbs.com/bb10d436567743e0e60ba0933900bf20","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387039686,"type":1,"supId":0,"prevId":0,"content":"To the moon ?","text":"To the moon ?","html":"To the moon ?"}],"langContent":"EN"},{"id":384774397,"gmtCreate":1613695822919,"gmtModify":1704883738790,"author":{"id":"3576756416949309","authorId":"3576756416949309","name":"Juucee1813","avatar":"https://static.tigerbbs.com/23acb34821dd16b9927edc0862413915","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576756416949309","idStr":"3576756416949309"},"htmlText":"Space!!!&nbsp;[財迷]&nbsp;","listText":"Space!!!&nbsp;[財迷]&nbsp;","text":"Space!!! 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