Elon Musk’s SpaceX Valued at $137 Billion in New Funding Round

Space Exploration Technologies Corp. (SpaceX), the most valuable private company in the US, is reported to be raising $750 million in its latest funding round putting the value at $237 Billion according to a CNBC report. The company was offering the shares for $77 apiece in December according to people who asked not to be identified because the information wasn’t public. The $137 billion figure compares with a $127 billion valuation in July, according to data provider PitchBook. Andreessen Horowitz … Continue reading “Elon Musk’s SpaceX Valued at $137 Billion in New Funding Round”

Aerospace and Defense Companies Involved in NASA Artemis 1 Launch into Space

NASA has set a two-hour launch window on November 16 for its Artemis 1 launch from NASA’s Kennedy Space Center in Florida. Weather conditions were 90 percent favorable late Monday. The unmanned launch will be the first of NASA’s Artemis missions that seek to bring astronauts back to the moon for the first time since 1972. The goal is to establish a presence there before sending people to Mars. Major companies from the defense and space sectors are deeply involved … Continue reading “Aerospace and Defense Companies Involved in NASA Artemis 1 Launch into Space”

ARK Space Exploration and Innovation ETF Launches

ARK Invest launched it’s first ETF in two years on Tuesday. ARK Space Exploration, which will trade under $ARKX top two holdings are Trimble and another Ark fund called the 3D Printing ETF $PRNT with weights of 8.6% and 6%. Other large stakes include Kratos Defense and Security Solutions $KTOS, L3Harris Technologies $LHC and JD.com $JD.