ARKX received a massive inflow of 294M on it's first day of trading! It's inauguration was the 8th biggest debut in ETF history.
It is the newest ETF by ARK invest in two years. This fund investment theme is on Space Exploration and Innovation.
The theme stands to benefit from disruptive technological products or services that occur beyond the surface of the Earth.
Space exploration-related companies include orbital and suborbital aerospace, enabling technologies, and beneficiaries of aerospace activities.
ARKX Component
Orbital Aerospace Companies are companies that are involved in orbital space, including satellites and launch vehicles.
Suborbital Aerospace Companies are companies that are involved suborbital space, but do not reach a velocity needed to remain in orbit around a planet.
Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations.
These operations include artificial intelligence, robotics, 3D printing, materials and energy storage.
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