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Astra Likely To Be of the Biggest Beneficiaries of Cathie Wood's ARK Space Exploration ETF (ARKX) as the Orbital Launch Company Plans To Go Public by Merging With the SPAC Holicity (HOL)


Astra Likely To Be of the Biggest Beneficiaries of Cathie Wood’s ARK Space Exploration ETF (ARKX) as the Orbital Launch Company Plans To Go Public by Merging With the SPAC Holicity (HOL)
Feb 19, 2021 09:34 EST
Astra, the company trying to make low Earth orbital missions more affordable, has been garnering quite a lot of attention lately as it gears up to go public by merging with the Special Purpose Acquisition Company (SPAC) Holicity Inc. (NASDAQ:HOL).
The market currently has a healthy appetite for space-based startups such as Astra. As an illustration of this phenomenon, Cathie Wood’s ARK Invest is about to launch a dedicated Space Exploration ETF, dubbed the ARKX. In a recent filing, ARK Invest described the objective of the ETF: ....

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