Why Shares of AeroVironment and Two Space SPACs Are Soaring Today

Why Shares of AeroVironment and Two Space SPACs Are Soaring Today

There's a new space-focused exchange-traded fund (ETF) coming from one of the hottest names in investing, and that has led to a lot of investor speculation about what stocks are likely to be included. Last week space stocks jumped higher after Cathie Wood's Ark Invest announced plans to launch an ETF focused on space. Ark Invest filed to operate "Space Exploration ETF" under the ticker ARKX.