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ARK's Cathie Wood Is Launching a Space ETF. The Sector Is Soaring.

Cathie Wood, CEO of ARK Investment Management.
Alex Flynn/Bloomberg
Star fund manager Cathie Wood is setting her eyes on yet another booming industry, and it’s setting the stocks on fire.
ARK Investment Management, an asset-management firm led by Wood, filed late Wednesday to launch the ARK Space Exploration exchange-traded fund under the ticker ARKX.
Although the fund isn’t on the market yet and its exact holdings are unknown, the news itself was bullish enough to spark a rally in many companies related to the space business.
It’s the latest demonstration of how popular and influential ARK Investment and its founder Wood has become in the past year. ....

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ARK Invest Is Planning a Space ETF. Here Are 5 Stocks That Could Benefit.

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Space is cold, but space investing is heating up. Space-linked stocks are rocketing higher Wednesday because a well-known Tesla bull has turned her gaze upward.
ARK Invest, founded by technology disruption guru Cathie Wood, is planning a new exchange-traded fund focused on space stocks, based on filings with the Securities and Exchange Commission.
Wood,.
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Space is cold, but space investing is heating up.
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Elon Musk's Internet Venture Gets the Green Light in Another Major Market. Here's What to Know.

By
Jack Denton
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The U.K. approval marks a major expansion by Starlink, part of SpaceX, into Europe.
Getty Images
The antennas for the satellite broadband system founded by Elon Musk, Starlink, have been granted a license by the U.K.’s communications regulator, opening the door for the company’s expansion into another major market.
Starlink is a part of SpaceX, the private space-exploration company founded by Musk, but the billionaire engineer has said that the satellite internet service is a candidate for an initial public offering.
The back story. Starlink is the
Tesla
chief executive’s project to bring superfast internet to areas outside of existing broadband coverage through an array of 12,000 low-Earth satellites. SpaceX has already launched close to a thousand satellites for the company, which has begun beta-testing its service in the U.S., where the service ....

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