We think that they can refurbish the Falcon 9 for roughly a million dollars, which is pretty profound when you're looking at launch costs and cost declining there. They've launched every roughly four and a half days this year. I don't think people even appreciate how fast this is happening. And then what else happened this week? You had two rocket engines actually explode in testing.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com.
Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Crypto Lead Yassine Elmandjra. Together they discuss the SEC Ripple decision, the ongoing Threads and Twitter battle, and the economy of Space, including SpaceX.
Key Points From This Episode:
- SEC and Ripple
- Twitter vs. Threads
- Space Economy Update