03-30-2021, 01:03 PM
(03-30-2021, 12:54 PM)crimsonghost747 Wrote: Regarding all this ARKX talk.
It's a lovely idea. Space is indeed one of the next big things.
But as already stated, this fund has very little space exposure. Then again it's hard to truly get space exposure with publicly listed companies. UFO (another etf) does a decent job of trying but they are heavily weighted into the satellite communications side of it.
I have yet to find a great way to play this space thing. I have LHX, LMT and Airbus in my portfolio, LHX does have quite a bit of space related stuff but for the other two it's a small business so far. NSH (merging with Spire Global) might be another one I want to add... but regular SPAC stuff here: great plans and it all sounds good but we have yet to see the revenue really start to come in.
SpaceX would be the number one company in this sector for decades to come. Unfortunately it doesn't look like it'll be going public anytime soon. Elon previously said something along the lines of: we will go public once we have scheduled flights to Mars. That won't be tomorrow, or even next week.
I suspect SpaceX will go public once Starship has been proven reliable. They will completely dominate the launch market at that point, and can raise so much money off an IPO that spending a couple hundred million to send a Starship to Mars won't even register as a blip on analysts' radar. Coincidentally, Starship being reliable is what will make a SpaceX mission to Mars possible.