aerospace / news / / Benzinga
Investor Cathie Wood, the founder of investment firm ARK Invest, thinks Elon Musk-led SpaceX could stand to benefit highly from orbital datacenters.
ARK Invest projects SpaceX's orbital datacenters could surpass Starlink's $160B revenue potential.
KEY POINTS
- ARK's Venture fund can retain SpaceX shares through IPOs due to its public-private structure.
- Cathie Wood hinted ARK might reduce its SpaceX position post-IPO to maintain portfolio balance.
- SpaceX signed a deal giving Anthropic full access to xAI's Colossus 1 data center capacity.
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