KTOS - ARKX: The Better ARK ETF
2024-07-24 10:11:53 ET
Summary
- ARKX is an actively managed ETF focused on space exploration and innovation, seeking long-term capital growth.
- The small satellite market is rapidly growing, with advancements in technology and laser communication relay systems.
- Private companies are increasingly participating in space exploration, leading to competition and increased investment in the industry.
When I first walked to my very first day of work at the beloved NYC World Trade Center back in 1986, I could never have imagined I’d be writing about investment in space exploration. Heck, that was less than 20 years after we had first landed on the moon! But here we are, in 2024, with space on the table, so to speak. And, while there are some individual stocks to consider in this, pardon the pun, “space” an ETF from an unlikely source, ARK Management, caught my attention. And for the patient, I think it has a future....
ARKX: The Better ARK ETF