Cathie Wood’s ARK Sees SpaceX Reaching a $2.5 Trillion Valuation by 2030

Cathie Wood’s SpaceX position is based on ARK’s view that the company could reach a $2.5 trillion valuation by 2030. According to NS3.AI, ARK’s thesis underpins Wood’s exposure to SpaceX. SpaceX shares were priced at $135 on June 12 and ended the first trading day up nearly 19%.