@benzinga: Cathie Wood is doubling down on one of the most talked-about private companies in the world right now… SpaceX. ARK Invest is backing a massive $1.75 trillion valuation ahead of a potential IPO, calling it “grounded in plausible” assumptions. That’s a bold statement considering SpaceX isn’t even publicly traded yet, but the conviction comes from what’s happening behind the scenes. This isn’t just about rockets anymore. SpaceX has rapidly evolved into a multi-layered business, with Starlink becoming a major global internet provider and a growing source of recurring revenue. That shift is a big reason why investors are starting to view the company less like a high-risk space venture and more like a scalable tech platform. Cathie Wood’s thesis centers on long-term innovation, and SpaceX sits right at the intersection of aerospace, telecommunications, and global infrastructure. If those bets play out, a trillion-dollar valuation might not look as aggressive as it sounds today. But here’s the real question: does the hype already price in the future, or is this still early? With an IPO potentially on the horizon, this could be one of the most anticipated public listings in years… and one that reshapes how investors think about space as an asset class. #CathieWood #ARKInvest #SpaceX #ElonMusk #IPO

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