Cathie Wood Calls New SpaceX Milestone 'Wild' After Elon Musk Touts 119 Satellites Delivered To Orbit At Once - State Street SPDR Dow Jones Industrial Average ETF Trust (ARCA:DIA), Alphabet (NASDAQ:GOOG)
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Cathie Wood Calls New SpaceX Milestone 'Wild' After Elon Musk Touts 119 Satellites Delivered To Orbit At Once - State Street SPDR Dow Jones Industrial Average ETF Trust (ARCA:DIA), Alphabet (NASDAQ:GOOG)

Benzinga28d ago

Cathie Wood, chief executive of ARK Invest, reacted in awe of SpaceX's latest satellite-hauling feat, replying to a post by Elon Musk in which the billionaire said the company had delivered 119 satellites to orbit at once on its Transporter-16 rideshare mission.

Cathie Wood Reacts To SpaceX Milestone

Wood quoted a post by Musk on Sunday with a single word replying, "Wild!" after he posted about SpaceX's successful launch. SpaceX says the mission includes cubesats, microsats, hosted payloads, a reentry vehicle and orbital transfer vehicles carrying some of the payloads.

Musk wrote that the Falcon 9 used for the mission can carry about 20 tons to orbit even with a reusable booster and fairing, adding that this makes it a "heavy" class rocket by conventional standards.

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ARK said in June 2025 that SpaceX could reach a roughly $2.5 trillion valuation by 2030, driven largely by Starlink.

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