After 24 years of operation, the cost of the International Space Station has accumulated to about $150 billion. In comparison, Musk estimates that the cost of each Starship may eventually be only $20 million. By connecting 50 interstellar spacecraft, the total cost of a large space station might only be $1 billion, a fraction of the price of the International Space Station. With its large capacity and low price, such a space station could pave the way for commercial space tourism.
12.16 ARK Invest, owned by Cathie Wood, increased its stake in Archer Aviation. The oman phone number list stock rose nearly 8% on Friday and its market price almost doubled in the past month. According to trading data released daily by Ark, the Ark Innovation ETF ARKK bought 4.7 million shares on Thursday, accounting for 0.45% of the portfolio. The fund currently holds a 2.14% weighting in the stock. Two other Cathie Wood funds, ARK Autonomous Technology & Robotics ETF ARKQ and ARK Space Exploration & Innovation ETF ARKX, purchased a total of more than 5 million shares worth $36 million, accounting for about 1% of the stock's total market value.
In addition, Ark Innovation ETF sold nearly 35,000 shares of Tesla, worth about 0.2% of its portfolio. Tesla's weighting in the fund remains close to 16%, making it its largest holding. The ARK Autonomous Technology & Robotics ETF also slightly reduced its Tesla holdings.