Virgin Galactic’s spacecraft Unity reaches space for the first time.
Source: Virgin Galactic
Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday.
Ark Invest is coming off a wildly successful 2020, with its flagship ARK Innovation fund returning more than 170% last year and growth in assets under management to $17 billion. The fund’s largest holding is electric car maker Tesla, which accounts…