Home: Motoring > ARK Invest's Space ETF Buys Tesla Stock for First Time, Betting on Its Role in Space and Robotics Future

ARK Invest's Space ETF Buys Tesla Stock for First Time, Betting on Its Role in Space and Robotics Future

From:Internet Info Agency 2026-02-10 09:39:55

On February 9, ARK Invest's space-focused ETF purchased Tesla shares for the first time, drawing market attention. Analysts interpreted this move as ARK positioning itself ahead of a potential merger between Tesla and SpaceX. Although Tesla is best known for its electric vehicles, the company is aggressively advancing its "Optimus" humanoid robot project and could eventually play a role in extraterrestrial base construction. ARK Invest founder Cathie Wood stated that Tesla has demonstrated long-term ambition across multiple cutting-edge fields and could potentially reach a $100 trillion market valuation in the future. Including Tesla in an ETF dedicated to the space sector underscores the company’s strategic value at the intersection of space exploration and artificial intelligence.

Editor:NewsAssistant