ARKX Space Exploration ETF? Cathie Wood’s ARK Invest - NEW ETF! $SPCE $UFO $ARKX ????

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Ark Invest plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday. Here are the 4 areas ARKX will focus on: “Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, including drones, air taxis and electric aviation vehicles. Enabling Technologies Companies are companies that create the technologies required for successful value-add aerospace operations, including artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies that stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction and imaging.”

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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#ARKX #ARK #SPCE #UFO
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