“I don’t think that people really have even comprehended what that system is going to do,” Shotwell said.
She emphasized that Musk is pressured to find a solution, and “feels in a huge hurry” to develop Starship and create “a sustaining capability that will take people to the Moon and Mars.”
“That means it’s not one ship every two years, right? We have to be able to fly dozens of ships during the timeframe when you can get people to Mars,” Shotwell added.
In a tweet this week, SpaceX said its team would take “additional time for pre-launch check-outs.”
Two customers with satellites on the mission said Monday was a tentative new target launch date for the mission, which SpaceX calls Transporter 2.
The Transporter 2 mission is SpaceX’s second dedicated small satellite rideshare mission, following the launch of the Transporter 1 mission in January. The Transporter 1 mission delivered 143 small satellites to a sun-synchronous polar orbit, while Transporter 2 is expected to carry around 88 spacecraft into a similar orbit.
A Close Encounter With ETFs
A SpaceX launch is also promising news for would-be space investors using ETFs, as it could certainly catalyze future gains in the Procure Space ETF (NYSEArca: UFO).
The UFO ETF tracks the S-Network Space Index, which focuses on companies that are significantly engaged in space-related activities. Index constituents span multiple industries, including satellite-based consumer products and services, rocket and satellite manufacturing, space technology hardware, and space-based imagery and intelligence services.
Approximately 80 percent of companies in the index derive the majority of revenues directly from their involvement in the space industry, enabling investors to potentially capture this growing segment of the global economy.
In addition to offering a variety of space-related sectors, UFO also offers a diverse country breakdown. While the United States contains the largest share of involvement in space-related industries, other countries like France, the United Kingdom, Australia, Japan, Canada, and Italy round out the breakdown.
“The space industry is one that is still fairly new as far as corporations and the commercial viability of companies in space go,” Andrew Chanin, co-founder and CEO of ProcureAM, stated previously on CNBC. “Although there might be private companies that are working on new technologies, it’s really difficult to get access unless you’re an extremely affluent investor,” Chanin added.
ARK Space Exploration ETF (ARKX) is another space-related ETF to consider. ARKX delivers the diversity investors should be looking for in the final frontier, providing access to multiple industries with space exposure. Research confirms a diverse approach that goes beyond space tourism could pay off for long-term investors.
For more market trends, visit ETF Trends.
This Article firstly Publish on www.etftrends.com