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Moomoo News Global

Apr 17, 2023 04:16

Columns ‘Biggest most powerful rocket’: SpaceX Starship prepares for launch

SpaceX will launch its Starship rocket system for the first time today.
The rocket Elon Musk wants to one day use for a Mars mission is poised for an initial flight attempt to space, a landmark test for the vehicle and Mr. Musk' s SpaceX.
The Federal Aviation Administration (FAA) has issued Elon Musk's company with a licence to put its most powerful rocket system through its paces, saying it met all safety and environmental requi...

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Subhash Mishra

Nov 29, 2021 20:34

Elon Musk sends cryptic tweet on SpaceX IPO

SpaceX CEO Elon Musk tweets that a lot has happened in the eight years since he sent an e-mail to employees on why he wants to keep the company private.
Of course, Musk has been able to fund $Tesla (TSLA.US)$'s growth through the public path.
If SpaceX were to go public, a few ETFs that might be a natural fit are the $Procure Space Etf (UFO.US)$, $Ishares Trust U.S. Aerospace & Defense Etf (ITA.US)$ and $ARK Innovation ETF (ARKK.US)$.
The last secondary sales by SpaceX were at $560 a share or a valuation of around $100.3B. Morgan Stanley has a bull case valuation on SpaceX of $200B.

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-Surge-

Jan 14, 2021 05:48

UFO 👽 and ARKX 🚀

$Procure Space Etf (UFO.US)$
Cathie Wood's ARK Invest plans 'ARKX' space exploration ETF to tap the growing industry
PUBLISHED WED, JAN 13 2021 5:34 PM EST
UPDATED WED, JAN 13 2021 5:38 PM EST
Michael Sheetz
@THESHEETZTWEETZ
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Ark Invest plans to add a "Space Exploration ETF" under the ticker ARKX, according to a securities filing on Wednesday.
While the ETF's constituents have yet to be announced, shares of space companies Virgin Galactic and Maxar Technologies each jumped in after-hours trading.
The Space Exploration ETF would focus on companies that are "leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth," the filing said....

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