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Thinking of just going into 100% ARKX once it IPO's

Posted on 2/25/21 at 2:59 pm
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/25/21 at 2:59 pm
and not even pulling up stocks but maybe once a month to see what the latest is. The market will undervalue the growth in space so much, getting in on the ground level is going to be life changing. Sad part is there is little to no "investing" anymore, the Fed has made everyone gamble with their crazy increase in the money supply.
Posted by jchamil
Member since Nov 2009
16511 posts
Posted on 2/25/21 at 3:03 pm to
That's kind of what I did with ARKK a while ago. I would really only check on my portfolio a couple of times a month. It's tripled for me since I bought it
Posted by slackster
Houston
Member since Mar 2009
84991 posts
Posted on 2/25/21 at 4:14 pm to
100% into a sector-ish ETF is probably not the best of idea, but bad ideas have been rewarded handsomely for a while in this market, so why not?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31145 posts
Posted on 2/25/21 at 4:15 pm to
This sounds like a horrific idea.
Posted by James11111
Walnut Creek
Member since Jul 2020
4662 posts
Posted on 2/25/21 at 4:19 pm to
quote:

Thinking of just going into 100% ARKX


Boldly going where no woman has gone before.
Posted by Old Money
Member since Sep 2012
36389 posts
Posted on 2/25/21 at 4:19 pm to
I'll def buy some, just love the idea.
Posted by JJJrich
Member since Oct 2010
533 posts
Posted on 2/25/21 at 5:54 pm to
Would love if somehow ARK was able to invest privately in SpaceX. I don't know/understand all of the rules that would allow/prevent that.

I am adding to HOL right now anticipating after completing the merger with Astra that it will be a prime candidate for the ARKX fund.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/25/21 at 6:24 pm to
I think it will start out overvalued because of how much demand but who knows
Posted by flyAU
Scottsdale
Member since Dec 2010
24851 posts
Posted on 2/25/21 at 6:27 pm to
So how does one buy in now
Posted by slackster
Houston
Member since Mar 2009
84991 posts
Posted on 2/25/21 at 6:56 pm to
quote:

So how does one buy in now


You can get SpaceX exposure through Alphabet.
Posted by flyAU
Scottsdale
Member since Dec 2010
24851 posts
Posted on 2/25/21 at 10:36 pm to
quote:

You can get SpaceX exposure through Alphabet.


Wait what? Please explain
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 2/25/21 at 10:46 pm to
Posted by slackster
Houston
Member since Mar 2009
84991 posts
Posted on 2/26/21 at 6:23 am to
quote:

Wait what? Please explain


Google invested $900MM in SpaceX in 2015 or 2016. Believed to be a 7.5-9% stake in SpaceX at the time. There are no indications that they’ve sold that position either.
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