US Top News and Analysis | Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO

AI generated summary, Read the full article for complete information.

Ark Invest’s futurist Brett Winton argues that SpaceX’s upcoming IPO could be valued at nearly $2 trillion, largely on the strength of its Starlink satellite‑internet business, which generates about $13 billion in annual revenue and delivers roughly 500 terabits per second of bandwidth. The company plans to price shares at $135, raising about $75 billion by selling 555.6 million shares (with an option for an additional $11.2 billion), while Elon Musk retains over 82 percent voting control. Winton ties SpaceX’s growth not only to reusable rockets but also to the rapid expansion of artificial intelligence, estimating AI‑related enterprises could create $15‑$20 trillion of value by 2030. Ark’s Venture Fund, whose largest holding is private SpaceX shares (about 11.4 % of assets), has risen roughly 15 % this year and over 70 % in the past twelve months, betting on Starlink’s potential to soar further as the Starship launch system enables massive, cheaper satellite deployments and could eventually drive hundreds of billions in revenue.

Read more: https://www.cnbc.com/2026/06/04/ark-invest-owns-spacex-in-its-venture-etf-it-says-starlink-alone-supports-2-trillion-value-at-ipo.html

#ArkInvest #SpaceX #Starlink #BrettWinton #ElonMusk

Nobody wants OpenAI shares on the secondary market

https://fed.brid.gy/r/https://pivot-to-ai.com/2026/04/03/nobody-wants-openai-shares-on-the-secondary-market/

All Content from Business Insider | OpenAI's CFO says the company is passing on opportunities because it does not have enough compute by Thibault Spirlet

OpenAI's CFO, Sarah Friar, says a compute shortage is forcing the company to pass up opportunities.Bloomberg/Getty Images

OpenAI's CFO says the company is skipping opportunities due to limited compute in 2026.Friar says OpenAI is making "tough trades" as AI demand outpaces available capacity.OpenAI has pulled back from projects like Sora as it shifts resources to core AI products.OpenAI is turning down some opportunities this year because it doesn't have enough computing power to support them, according to its CFO Sarah Friar.

"We're making some very tough trades at the moment and things we're not pursuing because we don't have enough compute," Friar told ARK Invest CEO Cathie Wood in an interview released this week.

Compute limits force trade-offsRead the original article on Business Insider

Read more: https://www.businessinsider.com/openai-cfo-says-compute-crunch-is-forcing-tough-trade-offs-2026-4

#ai #openai #sarahfriar #arkinvest

qwant news | Peter Thiel-Backed Crypto Platform Bullish Climbs 4.16% — But Cathie Wood Is Trimming Her Stake - Bullish (NYSE:BLSH) by undefined

Bullish, the digital‑asset platform backed by Peter Thiel, released its fourth‑quarter 2025 results on 5 February 2025. The company posted adjusted revenue of **$92.5 million** and adjusted EBITDA of **$44.5 million**, both up year‑over‑year, while its net loss widened to **$563.6 million**. Adjusted net income improved to **$28.9 million** despite a modest decline in digital‑asset sales, which fell to **$64.3 billion**. For 2026, Bullish forecasts subscription, services and other revenue of **$220 million–$250 million**, with adjusted operating expenses expected to run between **$210 million and $230 million**.

On Monday, Cathie Wood’s Ark Invest trimmed its position in Bullish, executing sales through its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). ARKK sold **31,154 shares** and ARKW off‑loaded **8,208 shares**, amounting to roughly **$1.57 million** in total value based on Bullish’s closing price of $39.55. The divestment coincided with Bullish’s stock rising **4.16 %** that day, a move noted by Benzinga’s market‑tracking tools.

Other notable activity included purchases of 10X Genomics (TXG) by ARKG (14,380 shares) and ARKK (84,342 shares). Benzinga’s Edge Stock Rankings flagged Bullish as having a positive short‑ and medium‑term price trend. The story, compiled by Benzinga Neuro and edited by Shivdeep Dhaliwal, is provided for informational purposes only and does not constitute investment advice.

Read more: https://www.benzinga.com/etfs/broad-u-s-equity-etfs/26/03/51422820/peter-thiel-bullish-stock-cathie-wood-trims-stake

#peterthiel #bullish #cathiewood #arkinvest #arkinnovationetf

📢 #ArkInvest apuesta fuerte por #Circle.

https://mastodon.social/@WhisprNews/115542449968033289

📢 #ArkInvest apuesta fuerte por #Circle.

https://mastodon.social/@WhisprNews/115542449968033289