| Ticker<\/th>\n | Security<\/th>\n | Last<\/th>\n | Change<\/th>\n | Change %<\/th>\n<\/tr>\n<\/thead>\n | ||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPCE<\/td>\n | VIRGIN GALACTIC HOLDINGS INC.<\/td>\n | 52.69<\/td>\n | +7.77<\/td>\n | +17.30%<\/td>\n<\/tr>\n | ||||||||||||||||||||||||||||||||||||||||||||
| AMZN<\/td>\n | AMAZON.COM, INC.<\/td>\n | 3,731.41<\/td>\n | +34.83<\/td>\n | +0.94%<\/td>\n<\/tr>\n | ||||||||||||||||||||||||||||||||||||||||||||
| TSLA<\/td>\n | TESLA, INC.<\/td>\n | 652.81<\/td>\n | +8.16<\/td>\n | +1.27%<\/td>\n<\/tr>\n | ||||||||||||||||||||||||||||||||||||||||||||
| <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Branson, on Thursday, detailed his Sunday flight plan for Virgin Orbit which will take place nine days before Bezos’s scheduled test flight via his own space tourism company, Blue Orbit. <\/p>\n RICHARD BRANSON SAYS HIS DREAM HAS COME TRUE<\/strong><\/p>\n The British billionaire's flight will use airplanes equipped with a space launch vehicle that will detach and then climb to the edge of space at the Kármán line, which is recognized by NASA at 50 miles above sea level. <\/p>\n Already, investors have driven shares of Virgin Galactic up 122% this year alone. <\/p>\n The efforts of these billionaires are likely to lead to more ripple effects in space stocks—and space ETFs, according to ETFtrends.com. <\/p>\n Virgin Orbit is planning to go public via a special-purpose acquisition company (SPAC) later this year, with an intended valuation of $3 billion.<\/p>\n Virgin Orbit CEO Dan Hart discusses the emerging leisure space travel market ahead of Richard Branson flying to space just nine days before Jeff Bezos.<\/p>\n Currently, there are two pure-play space ETFs: the $621 million ARK Space Exploration and Innovation ETF (ARKX)<\/strong> and the $131 million Procure Space ETF (UFO)<\/strong>.<\/p>\n JEFF BEZOS PICKS FEMALE AEROSPACE PIONEER, 82, TO LAUNCH INTO SPACE WITH HIM<\/strong><\/p>\n UFO was the first to head to space. Launched in 2019, the fund tracks the S-Network Space Index, an index that tracks companies involved in a variety of space-related enterprises. This includes firms involved in satellite and rocket manufacturing, satellite-based consumer services and products, space technology hardware, and space intelligence services, including imagery. <\/p>\n Top holdings in UFO include Virgin Galactic Holdings, with a 5.97% weight; Trimble Inc (TRMB), a satellite component manufacturer with a 4.95% weight; and GlobalStar Inc (GSAT), a satellite-based communications company with a 4.89% weight. <\/p>\n UFO has an expense ratio of 0.75%.<\/p>\n CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n Meanwhile, ARKX tracks space exploration and innovation companies, including orbital space companies, suborbital space companies, companies that enable the technologies used for space exploration, and companies that are positioned to benefit from space exploration.<\/p>\n ARKX, like most ARK funds, is actively managed. In practice, that allows the fund to turn to out-of-the-box holdings that investors don’t readily associate with the space industry.<\/p>\n |
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