ARKX ETF

President Trump's renewed focus on space exploration could drive a boom in the space industry, benefiting companies involved in space technology and innovation. The ARK Space Exploration & Innovation ETF (ARKX) offers diversified exposure to the space sector, despite its high expense ratio. Streamlined regulations and private sector growth are expected to accelerate advancements in space technology, making ARKX a compelling long-term investment.

Space tech stocks have taken flight since Q4 last year, but I see issues on the chart while the broad industry may continue to be favored. ARKX focuses on space technology innovation, with a diversified portfolio but high concentration in the top 10 stocks and a 0.75% expense ratio. The ETF has mixed valuation metrics, with a P/E ratio of 25.8 and a PEG ratio near 2, and faces liquidity issues.

For investors seeking momentum, ARK Space Exploration & Innovation ETF ARKX is probably on the radar. The fund just hit a 52-week high and has gained 52.7% from its 52-week low of $13.48 per share.

ARKX is an actively managed ETF focused on space exploration and innovation, seeking long-term capital growth. The small satellite market is rapidly growing, with advancements in technology and laser communication relay systems. Private companies are increasingly participating in space exploration, leading to competition and increased investment in the industry.

Perhaps the most dominant narrative in stock market circles is the Federal Reserve's potential moves to slash interest rates. However, recent comments from Fed officials suggest that we may have higher-for-longer interest rates, ruling out multiple cuts this year.

The emerging space economy is projected to be worth $1.8 trillion by 2035. Consider investing in ETFs to take advantage of the increasing interest in space exploration and growing investments in the industry.

ARK Space Exploration & Innovation ETF is an actively managed fund that invests in space exploration and innovation companies. The fund's investment theme includes orbital and suborbital aerospace companies, enabling technology companies, and aerospace beneficiary companies. Top holdings in ARKX include Kratos Defense & Security Solutions, Trimble Inc, AeroVironment Inc, Iridium Communications Inc, and UiPath Inc.

Space stocks may have fallen back to earth.  But a select few still offer out-of-this-world opportunities.

The battle for space dominance is on, with a wide range of publicly traded firms looking to make their mark on worlds beyond Earth. Undoubtedly, the space stocks are exciting, with the potential to offer out-of-this-world growth potential if they can get things right.