Overview
- Official Ark filings show the firm bought roughly $7 million of SpaceX shares across multiple ARK ETFs, including ARKK, ARKW and ARKF.
- To fund the purchases, Ark sold more than 570,000 Alibaba shares, continuing a recent rotation away from some China-exposed holdings into U.S. technology names.
- Ark’s flagship Innovation ETF now holds about 1.78 million SpaceX shares worth nearly $266 million, making SpaceX one of the fund’s top holdings.
- Ark projects very large future values for SpaceX—including a $3.1 trillion enterprise value by 2030 and a $2 trillion valuation for Starlink—but those forecasts are speculative and based on outcomes such as Starship-driven cost cuts and orbital data centers.
- Outside analysts caution that current SpaceX shares look richly priced by conventional measures (reported price-to-sales near 109) and experts say orbital data centers face major technical and cost hurdles before they become practical.